First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2,500,700.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 50,016 shares of the exchange traded fund’s stock after buying an additional 50,014 shares during the period. BNP Paribas Financial Markets’ holdings in First Trust Morningstar Dividend Leaders Index were worth $2,014,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Kovack Advisors Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 1.9% in the 4th quarter. Kovack Advisors Inc. now owns 17,268 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 327 shares in the last quarter. Flynn Zito Capital Management LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 1.2% in the 4th quarter. Flynn Zito Capital Management LLC now owns 27,551 shares of the exchange traded fund’s stock worth $1,109,000 after purchasing an additional 331 shares in the last quarter. KMG Fiduciary Partners LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 1.4% during the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock valued at $983,000 after buying an additional 335 shares during the period. Collaborative Wealth Managment Inc. raised its position in shares of First Trust Morningstar Dividend Leaders Index by 0.8% during the 4th quarter. Collaborative Wealth Managment Inc. now owns 57,714 shares of the exchange traded fund’s stock valued at $2,324,000 after buying an additional 435 shares during the period. Finally, Kovitz Investment Group Partners LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 3.5% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 13,980 shares of the exchange traded fund’s stock valued at $563,000 after buying an additional 474 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Performance

FDL stock opened at $42.06 on Friday. The firm has a market cap of $5.41 billion, a PE ratio of 15.19 and a beta of 0.75. The firm’s 50 day moving average price is $41.33 and its 200-day moving average price is $41.73. First Trust Morningstar Dividend Leaders Index has a one year low of $37.29 and a one 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.