Corient Private Wealth LLC Reduces Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Corient Private Wealth LLC reduced its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 9.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,643 shares of the exchange traded fund’s stock after selling 1,153 shares during the quarter. Corient Private Wealth LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $469,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mascoma Wealth Management LLC acquired a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth approximately $28,000. SBI Securities Co. Ltd. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth about $31,000. Synergy Asset Management LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at approximately $46,000. Blue Trust Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 84.0% in the fourth quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $81,000 after acquiring an additional 913 shares in the last quarter. Finally, Pillar Financial Advisors LLC purchased a new position in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at about $106,000.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA FDL opened at $42.79 on Friday. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 17.05 and a beta of 0.87. First Trust Morningstar Dividend Leaders Index has a 12 month low of $36.31 and a 12 month high of $44.35. The company’s fifty day moving average price is $42.63 and its two-hundred day moving average price is $42.03.

First Trust Morningstar Dividend Leaders Index Company Profile

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.