First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Position Increased by Peak Capital Management LLC

Peak Capital Management LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 27.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 233,871 shares of the exchange traded fund’s stock after purchasing an additional 50,457 shares during the quarter. First Trust Morningstar Dividend Leaders Index accounts for approximately 4.8% of Peak Capital Management LLC’s portfolio, making the stock its 8th biggest position. Peak Capital Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $7,054,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FDL. Global Retirement Partners LLC grew its position in First Trust Morningstar Dividend Leaders Index by 90.9% in the 4th quarter. Global Retirement Partners LLC now owns 3,241 shares of the exchange traded fund’s stock valued at $88,000 after acquiring an additional 1,543 shares in the last quarter. Financial Advocates Investment Management grew its position in First Trust Morningstar Dividend Leaders Index by 4.2% in the 4th quarter. Financial Advocates Investment Management now owns 11,346 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 456 shares in the last quarter. Pinnacle Bank acquired a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $126,000. Genesee Capital Advisors LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $133,000. Finally, Wealthcare Advisory Partners LLC grew its position in First Trust Morningstar Dividend Leaders Index by 240.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,679 shares of the exchange traded fund’s stock valued at $141,000 after acquiring an additional 3,303 shares in the last quarter.

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $30.19 on Monday. First Trust Morningstar Dividend Leaders Index has a one year low of $25.76 and a one year high of $30.59.

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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.

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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