Comprehensive Financial Consultants Institutional Inc. Lowers Stock Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Comprehensive Financial Consultants Institutional Inc. reduced its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,202 shares of the exchange traded fund’s stock after selling 2,179 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,064,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of FDL. Oppenheimer & Co. Inc. increased its position in shares of First Trust Morningstar Dividend Leaders Index by 2.4% during the first quarter. Oppenheimer & Co. Inc. now owns 62,171 shares of the exchange traded fund’s stock worth $2,392,000 after acquiring an additional 1,468 shares during the period. WMG Financial Advisors LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 5.6% during the 1st quarter. WMG Financial Advisors LLC now owns 12,563 shares of the exchange traded fund’s stock worth $483,000 after purchasing an additional 661 shares during the period. Avantax Advisory Services Inc. raised its position in First Trust Morningstar Dividend Leaders Index by 4.9% in the 1st quarter. Avantax Advisory Services Inc. now owns 273,941 shares of the exchange traded fund’s stock valued at $10,541,000 after purchasing an additional 12,798 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 10.2% in the 1st quarter. Kingsview Wealth Management LLC now owns 34,579 shares of the exchange traded fund’s stock valued at $1,331,000 after buying an additional 3,211 shares during the period. Finally, Private Portfolio Partners LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 0.9% during the first quarter. Private Portfolio Partners LLC now owns 32,698 shares of the exchange traded fund’s stock worth $1,258,000 after buying an additional 279 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Down 0.8 %

Shares of NYSEARCA:FDL opened at $42.51 on Friday. The company’s 50 day moving average is $41.83 and its two-hundred day moving average is $39.88. The company has a market cap of $4.43 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52 week low of $32.30 and a 52 week high of $42.96.

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.