First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 3.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 55,344 shares of the exchange traded fund’s stock after buying an additional 1,696 shares during the period. Ameritas Advisory Services LLC owned about 0.05% of First Trust Morningstar Dividend Leaders Index worth $2,099,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FDL. Whittier Trust Co. of Nevada Inc. bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the second quarter valued at approximately $38,000. Jones Financial Companies Lllp bought a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $43,000. Cullen Frost Bankers Inc. bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at $47,000. Sound Income Strategies LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the first quarter valued at $62,000. Finally, Palisade Asset Management LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the first quarter valued at $81,000.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of FDL stock traded up $0.01 during trading hours on Friday, reaching $41.30. The stock had a trading volume of 73,383 shares, compared to its average volume of 650,827. The firm has a market capitalization of $4.31 billion, a PE ratio of 12.51 and a beta of 0.73. The firm has a 50-day simple moving average of $39.51 and a 200-day simple moving average of $38.26. First Trust Morningstar Dividend Leaders Index has a twelve month low of $31.47 and a twelve month high of $41.45.

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.