Moseley Investment Management Inc. Increases Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Moseley Investment Management Inc. raised its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,983 shares of the exchange traded fund’s stock after acquiring an additional 535 shares during the period. Moseley Investment Management Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $482,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FDL. LPL Financial LLC grew its position in First Trust Morningstar Dividend Leaders Index by 7.2% during the 3rd quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock valued at $354,685,000 after purchasing an additional 566,772 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% in the third quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock worth $228,746,000 after buying an additional 5,323,451 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 3.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,447,886 shares of the exchange traded fund’s stock valued at $54,918,000 after buying an additional 52,303 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of First Trust Morningstar Dividend Leaders Index by 7.6% during the third quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after acquiring an additional 71,997 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 0.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 565,850 shares of the exchange traded fund’s stock worth $23,737,000 after acquiring an additional 3,032 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.7 %

FDL stock opened at $40.33 on Wednesday. The stock’s 50 day simple moving average is $41.63 and its 200 day simple moving average is $41.09. First Trust Morningstar Dividend Leaders Index has a 12-month low of $35.03 and a 12-month high of $44.07. The stock has a market capitalization of $4.21 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.