D.A. Davidson & CO. Acquires 20,217 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

D.A. Davidson & CO. grew its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 9.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 241,782 shares of the exchange traded fund’s stock after buying an additional 20,217 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $10,143,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Pathway Financial Advisers LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 124.5% in the 2nd quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 401 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter valued at approximately $38,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $39,000. Blue Trust Inc. purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $46,000. Finally, Strategic Financial Concepts LLC increased its position in shares of First Trust Morningstar Dividend Leaders Index by 1,737.5% during the 2nd quarter. Strategic Financial Concepts LLC now owns 164,030 shares of the exchange traded fund’s stock valued at $62,000 after purchasing an additional 155,103 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Up 0.3 %

Shares of FDL opened at $43.78 on Wednesday. The business has a fifty day moving average of $42.08 and a 200 day moving average of $40.31. The company has a market cap of $4.57 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52-week low of $33.83 and a 52-week high of $43.85.

About First Trust Morningstar Dividend Leaders Index

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.