Priebe Wealth Holdings LLC Purchases 2,645 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Priebe Wealth Holdings LLC raised its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,707 shares of the exchange traded fund’s stock after acquiring an additional 2,645 shares during the quarter. First Trust Morningstar Dividend Leaders Index makes up about 0.7% of Priebe Wealth Holdings LLC’s investment portfolio, making the stock its 23rd largest holding. Priebe Wealth Holdings LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,075,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. RiverTree Advisors LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 855.2% during the fourth quarter. RiverTree Advisors LLC now owns 79,078 shares of the exchange traded fund’s stock worth $3,184,000 after purchasing an additional 70,799 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 3.1% during the 4th quarter. Arkadios Wealth Advisors now owns 24,697 shares of the exchange traded fund’s stock worth $994,000 after acquiring an additional 749 shares during the last quarter. KMG Fiduciary Partners LLC raised its stake in First Trust Morningstar Dividend Leaders Index by 1.4% in the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock valued at $983,000 after acquiring an additional 335 shares during the period. Bennett Associates Wealth Management lifted its holdings in First Trust Morningstar Dividend Leaders Index by 5.1% during the 4th quarter. Bennett Associates Wealth Management now owns 95,673 shares of the exchange traded fund’s stock valued at $3,852,000 after purchasing an additional 4,601 shares during the last quarter. Finally, Founders Grove Wealth Partners LLC bought a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth $3,141,000.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL opened at $41.12 on Tuesday. The firm’s fifty day moving average price is $41.50 and its two-hundred day moving average price is $41.18. The company has a market cap of $4.29 billion, a P/E ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a one year low of $35.03 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.