Semus Wealth Partners LLC Sells 298 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Semus Wealth Partners LLC cut its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,699 shares of the exchange traded fund’s stock after selling 298 shares during the period. Semus Wealth Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $239,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signature Estate & Investment Advisors LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 24.5% during the third quarter. Signature Estate & Investment Advisors LLC now owns 7,416 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 1,460 shares during the last quarter. Neumann Capital Management LLC bought a new position in First Trust Morningstar Dividend Leaders Index during the third quarter valued at approximately $732,000. ROI Financial Advisors LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 3.0% during the third quarter. ROI Financial Advisors LLC now owns 73,646 shares of the exchange traded fund’s stock valued at $3,089,000 after buying an additional 2,130 shares during the last quarter. Kovack Advisors Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.4% in the 3rd quarter. Kovack Advisors Inc. now owns 16,941 shares of the exchange traded fund’s stock valued at $711,000 after purchasing an additional 1,160 shares during the last quarter. Finally, Aptus Capital Advisors LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 4.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock valued at $246,000 after purchasing an additional 250 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL opened at $41.96 on Monday. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1 year low of $33.33 and a 1 year high of $42.96. The business has a 50 day simple moving average of $41.92 and a 200-day simple moving average of $40.11.

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.