First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. lessened its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 52,261 shares of the exchange traded fund’s stock after selling 1,256 shares during the quarter. Hilltop Holdings Inc. owned 0.10% of First Trust Morningstar Dividend Leaders Index worth $1,601,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FDL. Coastal Investment Advisors Inc. grew its stake in First Trust Morningstar Dividend Leaders Index by 14.1% during the 2nd quarter. Coastal Investment Advisors Inc. now owns 3,019 shares of the exchange traded fund’s stock valued at $93,000 after purchasing an additional 372 shares in the last quarter. Signaturefd LLC grew its stake in First Trust Morningstar Dividend Leaders Index by 31.5% during the 2nd quarter. Signaturefd LLC now owns 4,147 shares of the exchange traded fund’s stock valued at $127,000 after purchasing an additional 994 shares in the last quarter. FMR LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 453,200.0% in the 1st quarter. FMR LLC now owns 4,533 shares of the exchange traded fund’s stock worth $137,000 after acquiring an additional 4,532 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of 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 worth $141,000 after acquiring an additional 3,303 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter worth approximately $253,000.

Shares of FDL opened at $31.27 on Friday. The stock has a 50 day moving average of $30.19 and a 200-day moving average of $30.28. First Trust Morningstar Dividend Leaders Index has a 52 week low of $25.76 and a 52 week high of $31.65.

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.

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

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