Clear Harbor Asset Management LLC Purchases New Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Clear Harbor Asset Management LLC purchased a new position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,419 shares of the exchange traded fund’s stock, valued at approximately $299,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% during the 3rd quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock valued at $228,746,000 after buying an additional 5,323,451 shares in the last quarter. LPL Financial LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 7.2% during the third quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after acquiring an additional 566,772 shares in the last quarter. Retireful LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the third quarter worth about $4,872,000. Fortis Group Advisors LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 668.6% during the third quarter. Fortis Group Advisors LLC now owns 127,060 shares of the exchange traded fund’s stock valued at $5,330,000 after purchasing an additional 110,529 shares in the last quarter. Finally, CFS Investment Advisory Services LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter valued at approximately $3,563,000.

First Trust Morningstar Dividend Leaders Index Stock Down 1.4 %

FDL stock opened at $40.84 on Thursday. The business has a 50 day moving average of $41.47 and a 200 day moving average of $41.20. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.45 and a twelve month high of $44.07. The firm has a market cap of $4.26 billion, a PE ratio of 12.51 and a beta of 0.73.

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.