Sigma Planning Corp Purchases 1,358 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Sigma Planning Corp increased its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 85,116 shares of the exchange traded fund’s stock after acquiring an additional 1,358 shares during the quarter. Sigma Planning Corp’s holdings in First Trust Morningstar Dividend Leaders Index were worth $3,427,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Turning Point Benefit Group Inc. bought a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth about $344,000. Bell Bank bought a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth about $564,000. Compass Capital Corp MA ADV bought a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth about $255,000. Financial Harvest LLC bought a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth about $365,000. Finally, RPS Advisory Solutions LLC purchased a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth about $1,970,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of NYSEARCA:FDL opened at $43.32 on Friday. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.19 and a fifty-two week high of $44.07. The business has a 50-day simple moving average of $41.16 and a two-hundred day simple moving average of $41.58. The firm has a market cap of $4.52 billion, a price-to-earnings 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.