Strategic Financial Concepts LLC Buys 2,593 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Strategic Financial Concepts LLC boosted its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 40.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,927 shares of the exchange traded fund’s stock after purchasing an additional 2,593 shares during the period. Strategic Financial Concepts LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $344,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FDL. Benjamin Edwards Inc. boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 2.0% during the fourth quarter. Benjamin Edwards Inc. now owns 14,529 shares of the exchange traded fund’s stock worth $521,000 after purchasing an additional 289 shares during the period. Waterfront Wealth Inc. lifted its holdings in First Trust Morningstar Dividend Leaders Index by 4.4% in the 4th quarter. Waterfront Wealth Inc. now owns 7,815 shares of the exchange traded fund’s stock worth $280,000 after buying an additional 329 shares during the period. Sound View Wealth Advisors Group LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 2.3% in the 3rd quarter. Sound View Wealth Advisors Group LLC now owns 17,376 shares of the exchange traded fund’s stock worth $581,000 after buying an additional 396 shares during the last quarter. Core Wealth Partners LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.2% during the first quarter. Core Wealth Partners LLC now owns 6,146 shares of the exchange traded fund’s stock valued at $237,000 after buying an additional 415 shares during the period. Finally, Bensler LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 0.6% during the third quarter. Bensler LLC now owns 83,451 shares of the exchange traded fund’s stock valued at $2,791,000 after acquiring an additional 515 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

FDL stock traded down $0.44 on Tuesday, reaching $37.15. The company’s stock had a trading volume of 837,985 shares, compared to its average volume of 817,617. The firm has a market cap of $3.92 billion, a PE ratio of 12.41 and a beta of 0.73. The business has a fifty day simple moving average of $37.35 and a two-hundred day simple moving average of $35.74. First Trust Morningstar Dividend Leaders Index has a 12-month low of $31.47 and a 12-month high of $38.54.

First Trust Morningstar Dividend Leaders Index 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.