First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Purchased by Cedrus LLC

Cedrus LLC raised its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,482 shares of the exchange traded fund’s stock after buying an additional 5,703 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises about 1.2% of Cedrus LLC’s portfolio, making the stock its 21st biggest holding. Cedrus LLC owned about 0.07% of First Trust Morningstar Dividend Leaders Index worth $3,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Pathway Financial Advisers LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 124.5% in the 2nd quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 401 shares during the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the third quarter valued at approximately $39,000. Whittier Trust Co. of Nevada Inc. acquired a new position in First Trust Morningstar Dividend Leaders Index during the second quarter worth $38,000. Blue Trust Inc. purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the third quarter worth $46,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the first quarter valued at $62,000.

First Trust Morningstar Dividend Leaders Index Trading Down 0.1 %

FDL stock opened at $42.44 on Friday. The business’s fifty day moving average price is $41.42 and its 200 day moving average price is $39.44. First Trust Morningstar Dividend Leaders Index has a 12-month low of $31.47 and a 12-month high of $42.70. The company has a market capitalization of $4.43 billion, a PE ratio of 12.51 and a beta of 0.73.

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.