Leelyn Smith LLC Sells 763 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Leelyn Smith LLC lessened its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 155,219 shares of the exchange traded fund’s stock after selling 763 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises about 1.1% of Leelyn Smith LLC’s portfolio, making the stock its 16th largest holding. Leelyn Smith LLC owned approximately 0.15% of First Trust Morningstar Dividend Leaders Index worth $6,249,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of FDL. Freedom Investment Management Inc. lifted its position in First Trust Morningstar Dividend Leaders Index by 4.2% during the third quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock worth $255,000 after acquiring an additional 245 shares during the last quarter. Kovack Advisors Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 1.9% during the fourth quarter. Kovack Advisors Inc. now owns 17,268 shares of the exchange traded fund’s stock worth $695,000 after purchasing an additional 327 shares during the period. Flynn Zito Capital Management LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index by 1.2% during the 4th quarter. Flynn Zito Capital Management LLC now owns 27,551 shares of the exchange traded fund’s stock worth $1,109,000 after purchasing an additional 331 shares during the last quarter. KMG Fiduciary Partners LLC boosted 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 purchasing an additional 335 shares during the period. Finally, Assetmark Inc. grew its holdings in First Trust Morningstar Dividend Leaders Index by 14.4% in the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after buying an additional 382 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

FDL stock opened at $43.53 on Tuesday. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.31 and a fifty-two week high of $44.35. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 17.05 and a beta of 0.87. The business’s fifty day moving average price is $42.11 and its two-hundred day moving average price is $41.92.

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.