First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Stock Position Increased by Calton & Associates Inc.

Calton & Associates Inc. boosted its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 95.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,902 shares of the exchange traded fund’s stock after buying an additional 5,335 shares during the period. Calton & Associates Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $439,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of FDL. Freedom Investment Management Inc. lifted its holdings in First Trust Morningstar Dividend Leaders Index by 4.2% in the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 245 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after purchasing an additional 250 shares in the last quarter. Creative Planning lifted its stake in First Trust Morningstar Dividend Leaders Index by 1.1% during the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock valued at $1,106,000 after purchasing an additional 328 shares during the last quarter. KMG Fiduciary Partners LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 1.4% during the fourth quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock worth $983,000 after buying an additional 335 shares in the last quarter. Finally, Assetmark Inc. grew its position in 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 buying an additional 382 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of NYSEARCA:FDL opened at $41.69 on Friday. The company has a market capitalization of $4.35 billion, a PE ratio of 12.51 and a beta of 0.73. The stock has a fifty day moving average of $41.38 and a 200-day moving average of $41.31. First Trust Morningstar Dividend Leaders Index has a one year low of $35.45 and a one year high of $44.07.

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.