Eagle Strategies LLC Has $285,000 Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Eagle Strategies LLC lessened its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 80.3% in the second quarter, HoldingsChannel.com reports. The firm owned 7,524 shares of the exchange traded fund’s stock after selling 30,618 shares during the quarter. Eagle Strategies LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $285,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Portfolio Partners LLC raised its stake in First Trust Morningstar Dividend Leaders Index by 0.9% during the first quarter. Private Portfolio Partners LLC now owns 32,698 shares of the exchange traded fund’s stock worth $1,258,000 after buying an additional 279 shares during the last quarter. Larson Financial Group LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 1.8% during the 2nd quarter. Larson Financial Group LLC now owns 20,953 shares of the exchange traded fund’s stock worth $795,000 after acquiring an additional 370 shares during the period. Core Wealth Partners LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 7.2% in the 1st quarter. Core Wealth Partners LLC now owns 6,146 shares of the exchange traded fund’s stock worth $237,000 after acquiring an additional 415 shares in the last quarter. RFG Advisory LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.3% in the 2nd quarter. RFG Advisory LLC now owns 6,784 shares of the exchange traded fund’s stock valued at $257,000 after purchasing an additional 462 shares during the period. Finally, JFS Wealth Advisors LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 0.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 155,262 shares of the exchange traded fund’s stock valued at $5,889,000 after purchasing an additional 464 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of FDL opened at $41.24 on Friday. The firm has a market cap of $4.30 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 52-week low of $31.47 and a 52-week high of $41.88. The business’s 50 day moving average price is $40.18 and its two-hundred day moving average price is $38.61.

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.