Semus Wealth Partners LLC Sells 298 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Semus Wealth Partners LLC trimmed its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 5,699 shares of the exchange traded fund’s stock after selling 298 shares during the period. Semus Wealth Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $239,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Pathway Financial Advisers LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 124.5% during the 2nd quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 401 shares during the last quarter. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $39,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 2nd quarter worth approximately $38,000. Blue Trust Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $46,000. Finally, Valley National Advisers Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 339.2% during the 3rd quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock worth $105,000 after acquiring an additional 1,957 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of FDL stock opened at $41.96 on Monday. First Trust Morningstar Dividend Leaders Index has a 52-week low of $33.33 and a 52-week high of $42.96. The firm has a market capitalization of $4.38 billion, a P/E ratio of 12.51 and a beta of 0.73. The stock has a 50 day moving average price of $41.92 and a 200 day moving average price of $40.11.

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.