Triad Wealth Partners LLC Buys New Shares in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Triad Wealth Partners LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,495 shares of the exchange traded fund’s stock, valued at approximately $584,000.

A number of other hedge funds have also recently bought and sold shares of FDL. Keybank National Association OH bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $320,000. SBI Securities Co. Ltd. acquired a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth $31,000. Jones Financial Companies Lllp raised its position in First Trust Morningstar Dividend Leaders Index by 191.7% during the fourth quarter. Jones Financial Companies Lllp now owns 276,811 shares of the exchange traded fund’s stock worth $11,144,000 after acquiring an additional 181,922 shares in the last quarter. SRS Capital Advisors Inc. acquired a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at $3,704,000. Finally, Maia Wealth LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 38.7% in the 4th quarter. Maia Wealth LLC now owns 23,098 shares of the exchange traded fund’s stock valued at $970,000 after acquiring an additional 6,450 shares during the period.

First Trust Morningstar Dividend Leaders Index Price Performance

First Trust Morningstar Dividend Leaders Index stock opened at $42.92 on Wednesday. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.31 and a fifty-two week high of $44.29. The firm has a market capitalization of $4.90 billion, a PE ratio of 19.12 and a beta of 0.90. The company’s 50-day moving average is $41.56 and its 200-day moving average is $41.76.

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.