First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by Barings LLC

Barings LLC lifted its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 204.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 72,929 shares of the exchange traded fund’s stock after acquiring an additional 48,971 shares during the period. Barings LLC owned 0.07% of First Trust Morningstar Dividend Leaders Index worth $2,936,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Pillar Financial Advisors LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at $106,000. PNC Financial Services Group Inc. boosted its holdings in First Trust Morningstar Dividend Leaders Index by 11.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,990 shares of the exchange traded fund’s stock valued at $885,000 after purchasing an additional 2,248 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its holdings in First Trust Morningstar Dividend Leaders Index by 1.1% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 65,091 shares of the exchange traded fund’s stock valued at $2,621,000 after purchasing an additional 710 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at $127,327,000. Finally, Atria Investments Inc boosted its holdings in First Trust Morningstar Dividend Leaders Index by 3.2% in the fourth quarter. Atria Investments Inc now owns 36,316 shares of the exchange traded fund’s stock valued at $1,462,000 after purchasing an additional 1,119 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Up 1.5 %

FDL stock opened at $43.76 on Friday. The company’s 50-day simple moving average is $41.78 and its 200-day simple moving average is $41.83. First Trust Morningstar Dividend Leaders Index has a 52-week low of $36.31 and a 52-week high of $44.29. The firm has a market cap of $4.99 billion, a P/E ratio of 19.12 and a beta of 0.90.

First Trust Morningstar Dividend Leaders Index Company 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.