Cwm LLC Grows Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Cwm LLC raised its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) by 59.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,411 shares of the exchange traded fund’s stock after purchasing an additional 6,865 shares during the quarter. Cwm LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $772,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of FDL. International Assets Investment Management LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.9% in the first quarter. International Assets Investment Management LLC now owns 131,991 shares of the exchange traded fund’s stock valued at $5,063,000 after purchasing an additional 2,468 shares during the period. Lloyd Advisory Services LLC. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the first quarter valued at approximately $10,568,000. Southland Equity Partners LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.2% in the first quarter. Southland Equity Partners LLC now owns 406,498 shares of the exchange traded fund’s stock valued at $15,642,000 after purchasing an additional 4,680 shares during the period. Global Assets Advisory LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the first quarter valued at approximately $738,000. Finally, Priebe Wealth Holdings LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 3.9% in the first quarter. Priebe Wealth Holdings LLC now owns 19,362 shares of the exchange traded fund’s stock valued at $745,000 after purchasing an additional 730 shares during the period.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of FDL stock opened at $42.44 on Friday. The business’s fifty day moving average price is $41.42 and its 200 day moving average price is $39.43. First Trust Morningstar Dividend Leaders Index has a 1-year low of $31.47 and a 1-year high of $42.70. The firm has a market capitalization of $4.43 billion, a PE ratio of 12.51 and a beta of 0.73.

First Trust Morningstar Dividend Leaders Index Profile

(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.

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

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