Cutter & CO Brokerage Inc. Makes New $207,000 Investment in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Cutter & CO Brokerage Inc. acquired a new stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,758 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Other large investors also recently modified their holdings of the company. CENTRAL TRUST Co bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth about $29,000. Whittier Trust Co. bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter worth approximately $67,000. GAMMA Investing LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth approximately $93,000. Everett Harris & Co. CA bought a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $204,000. Finally, Sterling Investment Management LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $208,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.0 %

FDL stock traded up $0.01 during trading hours on Wednesday, hitting $37.88. 517,223 shares of the stock were exchanged, compared to its average volume of 820,269. First Trust Morningstar Dividend Leaders Index has a 12 month low of $31.47 and a 12 month high of $38.54. The firm has a market capitalization of $4.00 billion, a P/E ratio of 12.41 and a beta of 0.73. The company has a 50-day simple moving average of $37.25 and a two-hundred day simple moving average of $35.61.

About First Trust Morningstar Dividend Leaders Index

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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