Kestra Private Wealth Services LLC Increases Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Kestra Private Wealth Services LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 40.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 99,857 shares of the exchange traded fund’s stock after purchasing an additional 28,722 shares during the period. Kestra Private Wealth Services LLC owned about 0.08% of First Trust Morningstar Dividend Leaders Index worth $3,583,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of FDL. CENTRAL TRUST Co purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $29,000. Whittier Trust Co. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $67,000. GAMMA Investing LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $93,000. Everett Harris & Co. CA purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $204,000. Finally, Cutter & CO Brokerage Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth approximately $207,000.

First Trust Morningstar Dividend Leaders Index Stock Down 1.2 %

NYSEARCA FDL opened at $37.15 on Wednesday. The firm has a market cap of $3.87 billion, a PE ratio of 12.51 and a beta of 0.73. The company has a 50 day moving average price of $37.35 and a 200 day moving average price of $35.74. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $38.54.

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.