Global Retirement Partners LLC Trims Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Global Retirement Partners LLC reduced its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.1% in the 4th quarter, Holdings Channel reports. The fund owned 16,440 shares of the exchange traded fund’s stock after selling 358 shares during the period. Global Retirement Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of FDL. Blue Trust Inc. purchased a new position in First Trust Morningstar Dividend Leaders Index during the third quarter valued at approximately $46,000. Brighton Jones LLC purchased a new position in First Trust Morningstar Dividend Leaders Index during the third quarter valued at approximately $259,000. Silver Oak Securities Incorporated raised its position in First Trust Morningstar Dividend Leaders Index by 15.8% during the third quarter. Silver Oak Securities Incorporated now owns 22,209 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 3,027 shares in the last quarter. Arkadios Wealth Advisors raised its position in First Trust Morningstar Dividend Leaders Index by 7.8% during the third quarter. Arkadios Wealth Advisors now owns 23,948 shares of the exchange traded fund’s stock valued at $1,005,000 after acquiring an additional 1,731 shares in the last quarter. Finally, PFG Investments LLC raised its position in First Trust Morningstar Dividend Leaders Index by 3.8% during the third quarter. PFG Investments LLC now owns 37,245 shares of the exchange traded fund’s stock valued at $1,562,000 after acquiring an additional 1,377 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.0 %

Shares of FDL opened at $43.32 on Friday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $36.19 and a 12 month high of $44.07. The stock’s 50 day moving average is $41.16 and its two-hundred day moving average is $41.58. The firm has a market cap of $4.52 billion, a P/E ratio of 12.51 and a beta of 0.73.

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.