First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by AIFG Consultants Ltd.

AIFG Consultants Ltd. lowered its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 54.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,487 shares of the exchange traded fund’s stock after selling 182,084 shares during the period. First Trust Morningstar Dividend Leaders Index comprises 4.2% of AIFG Consultants Ltd.’s holdings, making the stock its 11th biggest holding. AIFG Consultants Ltd. owned about 0.12% of First Trust Morningstar Dividend Leaders Index worth $5,471,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FDL. CENTRAL TRUST Co acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter worth about $29,000. Tower Research Capital LLC TRC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 541.0% during the first quarter. Tower Research Capital LLC TRC now owns 859 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 725 shares during the period. Strategic Investment Solutions Inc. IL acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the second quarter worth approximately $50,000. Whittier Trust Co. acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the third quarter worth approximately $67,000. Finally, Fortis Capital Advisors LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth approximately $91,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of FDL stock traded up $0.10 during trading on Thursday, hitting $36.62. 1,140,731 shares of the company were exchanged, compared to its average volume of 812,815. The firm has a market capitalization of $3.86 billion, a price-to-earnings ratio of 12.41 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a twelve month low of $31.47 and a twelve month high of $38.54. The business’s 50-day simple moving average is $37.15 and its 200 day simple moving average is $35.47.

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.