Oppenheimer & Co. Inc. Sells 36,920 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Oppenheimer & Co. Inc. lowered its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) by 37.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,703 shares of the exchange traded fund’s stock after selling 36,920 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,178,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at about $47,000. Sykon Capital LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at about $313,000. Cedrus LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.7% during the fourth quarter. Cedrus LLC now owns 59,459 shares of the exchange traded fund’s stock valued at $2,133,000 after purchasing an additional 4,241 shares during the period. Capital Analysts LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 30.4% during the fourth quarter. Capital Analysts LLC now owns 14,939 shares of the exchange traded fund’s stock valued at $536,000 after purchasing an additional 3,484 shares during the period. Finally, IFP Advisors Inc raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 94.0% during the fourth quarter. IFP Advisors Inc now owns 53,215 shares of the exchange traded fund’s stock valued at $1,909,000 after purchasing an additional 25,783 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Down 0.1 %

Shares of NYSEARCA FDL opened at $38.32 on Friday. The firm’s 50-day moving average price is $37.92 and its 200-day moving average price is $36.77. First Trust Morningstar Dividend Leaders Index has a 1-year low of $31.47 and a 1-year high of $39.02. The firm has a market capitalization of $4.00 billion, a P/E ratio of 12.51 and a beta of 0.73.

About First Trust Morningstar Dividend Leaders Index

(Free Report)

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.

Further Reading

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

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