Harbour Investments Inc. Boosts Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Harbour Investments Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 23.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 327,921 shares of the exchange traded fund’s stock after acquiring an additional 63,088 shares during the period. Harbour Investments Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $13,202,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. US Bancorp DE raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 34.3% during the 4th quarter. US Bancorp DE now owns 40,165 shares of the exchange traded fund’s stock worth $1,617,000 after acquiring an additional 10,268 shares during the period. Valley National Advisers Inc. raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 33.6% during the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after acquiring an additional 852 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock worth $42,667,000 after acquiring an additional 71,997 shares during the period. FMR LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 67.8% in the 3rd quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after buying an additional 9,320 shares during the period. Finally, Blue Trust Inc. raised its holdings in First Trust Morningstar Dividend Leaders Index by 84.0% in the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock valued at $81,000 after buying an additional 913 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Up 1.1 %

Shares of FDL opened at $43.06 on Friday. The firm has a market cap of $5.19 billion, a P/E ratio of 17.05 and a beta of 0.87. First Trust Morningstar Dividend Leaders Index has a 12-month low of $36.31 and a 12-month high of $44.35. The company’s 50-day moving average price is $42.04 and its 200 day moving average price is $41.90.

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.