First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC lessened its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 154,830 shares of the exchange traded fund’s stock after selling 432 shares during the period. JFS Wealth Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $6,495,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Pathway Financial Advisers LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 124.5% during the 2nd quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 401 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at approximately $39,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 2nd quarter valued at approximately $38,000. Blue Trust Inc. acquired a new position in First Trust Morningstar Dividend Leaders Index in the third quarter valued at approximately $46,000. Finally, Palisade Asset Management LLC purchased a new position in First Trust Morningstar Dividend Leaders Index in the first quarter worth approximately $81,000.

First Trust Morningstar Dividend Leaders Index Stock Up 0.7 %

NYSEARCA:FDL opened at $41.84 on Thursday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.95 and a 52 week high of $42.70. The stock’s fifty day moving average is $41.70 and its two-hundred day moving average is $39.67. The company has a market capitalization of $4.36 billion, a P/E ratio of 12.51 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.