Genesis Private Wealth LLC Buys Shares of 100,818 First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Genesis Private Wealth LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 100,818 shares of the exchange traded fund’s stock, valued at approximately $4,059,000. First Trust Morningstar Dividend Leaders Index comprises about 2.2% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 14th biggest position. Genesis Private Wealth LLC owned 0.10% of First Trust Morningstar Dividend Leaders Index as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pathway Financial Advisers LLC lifted its position 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 worth $27,000 after purchasing an additional 401 shares during the period. Moisand Fitzgerald Tamayo LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter valued at about $39,000. Blue Trust Inc. purchased a new stake in First Trust Morningstar Dividend Leaders Index during the third quarter worth about $46,000. Valley National Advisers Inc. increased its holdings in First Trust Morningstar Dividend Leaders Index by 339.2% during the third quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock worth $105,000 after buying an additional 1,957 shares during the last quarter. Finally, Assetmark Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 14.4% in the third quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock worth $128,000 after purchasing an additional 382 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $41.41 on Wednesday. The firm has a market cap of $4.32 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1 year low of $35.45 and a 1 year high of $44.07. The company has a 50 day simple moving average of $41.49 and a two-hundred day simple moving average of $41.20.

First Trust Morningstar Dividend Leaders Index 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.