Baird Financial Group Inc. Boosts Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Baird Financial Group Inc. boosted its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLGet Rating) by 64.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 90,591 shares of the exchange traded fund’s stock after purchasing an additional 35,460 shares during the quarter. Baird Financial Group Inc. owned about 0.11% of First Trust Morningstar Dividend Leaders Index worth $3,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of FDL. Oppenheimer & Co. Inc. increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 20.8% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 56,461 shares of the exchange traded fund’s stock worth $1,989,000 after buying an additional 9,727 shares during the last quarter. TownSquare Capital LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter worth $3,050,000. Bank of Nova Scotia bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter worth $922,000. OneAscent Financial Services LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter worth $892,000. Finally, HC Advisors LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.4% in the 2nd quarter. HC Advisors LLC now owns 283,692 shares of the exchange traded fund’s stock worth $9,992,000 after buying an additional 4,027 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA:FDL opened at $37.19 on Tuesday. The company’s fifty day moving average price is $34.89 and its 200-day moving average price is $36.01. First Trust Morningstar Dividend Leaders Index has a one year low of $32.10 and a one year high of $39.24.

First Trust Morningstar Dividend Leaders Index Profile

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First Trust Morningstar Dividend Leaders Index Fund, seeks investment results that correspond generally to the price and yield of an equity index called the Morningstar Dividend Leaders Index (the Index). The Fund will invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the Index.

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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