Moseley Investment Management Inc. Buys 535 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Moseley Investment Management Inc. boosted its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.7% during the fourth quarter, Holdings Channel reports. The firm owned 11,983 shares of the exchange traded fund’s stock after purchasing an additional 535 shares during the quarter. Moseley Investment Management Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $482,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Freedom Investment Management Inc. raised its stake in First Trust Morningstar Dividend Leaders Index by 4.2% during the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock valued at $255,000 after buying an additional 245 shares during the last quarter. Aptus Capital Advisors LLC increased its position in First Trust Morningstar Dividend Leaders Index by 4.5% during the third quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock valued at $246,000 after acquiring an additional 250 shares during the last quarter. Creative Planning lifted its holdings in First Trust Morningstar Dividend Leaders Index by 1.1% in the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock valued at $1,106,000 after acquiring an additional 328 shares during the period. Blair William & Co. IL boosted its position in First Trust Morningstar Dividend Leaders Index by 4.9% in the second quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock worth $295,000 after purchasing an additional 364 shares during the last quarter. Finally, Assetmark Inc. grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 14.4% during the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 382 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Up 0.7 %

NYSEARCA FDL opened at $40.33 on Wednesday. The company has a 50-day moving average price of $41.63 and a 200-day moving average price of $41.09. First Trust Morningstar Dividend Leaders Index has a 52 week low of $35.03 and a 52 week high of $44.07. The firm has a market capitalization of $4.21 billion, a P/E ratio of 12.51 and a beta of 0.73.

About First Trust Morningstar Dividend Leaders Index

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.