Larson Financial Group LLC Buys 3,201 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Larson Financial Group LLC grew its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 18.4% during the 4th quarter, HoldingsChannel reports. The firm owned 20,583 shares of the exchange traded fund’s stock after acquiring an additional 3,201 shares during the quarter. Larson Financial Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $739,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of FDL. International Assets Investment Management LLC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4,153.7% in the 4th quarter. International Assets Investment Management LLC now owns 4,647,283 shares of the exchange traded fund’s stock worth $166,745,000 after acquiring an additional 4,538,031 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in First Trust Morningstar Dividend Leaders Index by 6.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,565,995 shares of the exchange traded fund’s stock worth $85,829,000 after buying an additional 163,492 shares in the last quarter. Csenge Advisory Group lifted its holdings in First Trust Morningstar Dividend Leaders Index by 3.7% during the 3rd quarter. Csenge Advisory Group now owns 1,550,537 shares of the exchange traded fund’s stock worth $51,850,000 after buying an additional 54,833 shares in the last quarter. Kowal Investment Group LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index by 5.6% during the 3rd quarter. Kowal Investment Group LLC now owns 1,080,205 shares of the exchange traded fund’s stock worth $36,122,000 after buying an additional 57,179 shares in the last quarter. Finally, TRUE Private Wealth Advisors lifted its holdings in First Trust Morningstar Dividend Leaders Index by 8.5% during the 4th quarter. TRUE Private Wealth Advisors now owns 968,116 shares of the exchange traded fund’s stock worth $34,736,000 after buying an additional 75,840 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Up 1.1 %

NYSEARCA:FDL traded up $0.42 during trading hours on Tuesday, hitting $37.92. 598,617 shares of the stock were exchanged, compared to its average volume of 819,766. The company’s 50 day moving average is $37.20 and its two-hundred day moving average is $35.58. First Trust Morningstar Dividend Leaders Index has a twelve month low of $31.47 and a twelve month high of $38.54. The company has a market capitalization of $4.00 billion, a P/E ratio of 12.41 and a beta of 0.73.

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.