Cetera Advisors LLC Trims Position in First Trust Value Line Dividend Indx Fnd (FVD)

Cetera Advisors LLC lowered its position in shares of First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD) by 17.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 254,198 shares of the company’s stock after selling 54,418 shares during the period. Cetera Advisors LLC owned about 0.18% of First Trust Value Line Dividend Indx Fnd worth $7,841,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of FVD. Northwest Wealth Management LLC grew its position in First Trust Value Line Dividend Indx Fnd by 779.5% during the 4th quarter. Northwest Wealth Management LLC now owns 71,406 shares of the company’s stock worth $2,204,000 after acquiring an additional 63,287 shares during the last quarter. Brookstone Capital Management grew its position in First Trust Value Line Dividend Indx Fnd by 55.8% during the 4th quarter. Brookstone Capital Management now owns 174,060 shares of the company’s stock worth $5,371,000 after acquiring an additional 62,318 shares during the last quarter. Prospera Financial Services Inc grew its position in First Trust Value Line Dividend Indx Fnd by 46.3% during the 4th quarter. Prospera Financial Services Inc now owns 187,873 shares of the company’s stock worth $5,803,000 after acquiring an additional 59,471 shares during the last quarter. IFC Holdings Incorporated FL grew its position in First Trust Value Line Dividend Indx Fnd by 42.4% during the 4th quarter. IFC Holdings Incorporated FL now owns 198,792 shares of the company’s stock worth $6,132,000 after acquiring an additional 59,206 shares during the last quarter. Finally, PFG Advisors bought a new stake in First Trust Value Line Dividend Indx Fnd during the 4th quarter worth $1,808,000.

Shares of First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD) opened at $29.84 on Tuesday. First Trust Value Line Dividend Indx Fnd has a 52-week low of $28.52 and a 52-week high of $31.85.

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About First Trust Value Line Dividend Indx Fnd

First Trust Value Line Dividend Index Fund (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Value Line Dividend Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.

Institutional Ownership by Quarter for First Trust Value Line Dividend Indx Fnd (NYSEARCA:FVD)

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