First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Acquired by Good Life Advisors LLC

Good Life Advisors LLC boosted its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 103.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 48,406 shares of the exchange traded fund’s stock after purchasing an additional 24,630 shares during the period. Good Life Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,031,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 10.2% during the 1st quarter. Kingsview Wealth Management LLC now owns 34,579 shares of the exchange traded fund’s stock worth $1,331,000 after purchasing an additional 3,211 shares during the period. D.A. Davidson & CO. lifted its position in First Trust Morningstar Dividend Leaders Index by 1.2% during the second quarter. D.A. Davidson & CO. now owns 221,565 shares of the exchange traded fund’s stock worth $8,404,000 after buying an additional 2,615 shares during the period. Belpointe Asset Management LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 9.9% in the 2nd quarter. Belpointe Asset Management LLC now owns 17,388 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 1,571 shares during the last quarter. Aptus Capital Advisors LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the 2nd quarter valued at about $213,000. Finally, Spectrum Wealth Advisory Group LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 1.8% during the 1st quarter. Spectrum Wealth Advisory Group LLC now owns 266,043 shares of the exchange traded fund’s stock valued at $10,237,000 after acquiring an additional 4,743 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of FDL stock opened at $42.47 on Friday. First Trust Morningstar Dividend Leaders Index has a 1-year low of $31.47 and a 1-year high of $42.70. The firm’s 50-day simple moving average is $41.37 and its 200-day simple moving average is $39.40. The firm has a market cap of $4.43 billion, a P/E 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.