Blair William & Co. IL Cuts Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Blair William & Co. IL cut its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 14.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,637 shares of the exchange traded fund’s stock after selling 914 shares during the quarter. Blair William & Co. IL’s holdings in First Trust Morningstar Dividend Leaders Index were worth $227,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 67.8% during the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock worth $968,000 after buying an additional 9,320 shares in the last quarter. Captrust Financial Advisors grew its holdings in First Trust Morningstar Dividend Leaders Index by 56.1% during the 3rd quarter. Captrust Financial Advisors now owns 17,616 shares of the exchange traded fund’s stock worth $739,000 after acquiring an additional 6,329 shares in the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at $567,000. MML Investors Services LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 2.9% during the 3rd quarter. MML Investors Services LLC now owns 133,850 shares of the exchange traded fund’s stock worth $5,615,000 after purchasing an additional 3,780 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter worth $318,000.

First Trust Morningstar Dividend Leaders Index Price Performance

First Trust Morningstar Dividend Leaders Index stock opened at $39.45 on Friday. The stock has a market cap of $4.87 billion, a PE ratio of 17.19 and a beta of 0.77. The stock’s fifty day moving average is $42.74 and its two-hundred day moving average is $42.06. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.31 and a 1-year high of $44.35.

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.