Money Concepts Capital Corp Purchases 2,640 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Money Concepts Capital Corp lifted its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 43.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,753 shares of the exchange traded fund’s stock after buying an additional 2,640 shares during the quarter. Money Concepts Capital Corp’s holdings in First Trust Morningstar Dividend Leaders Index were worth $352,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Lion Street Advisors LLC grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 5.4% in the 4th quarter. Lion Street Advisors LLC now owns 22,190 shares of the exchange traded fund’s stock valued at $893,000 after buying an additional 1,132 shares in the last quarter. Valley National Advisers Inc. boosted its position in First Trust Morningstar Dividend Leaders Index by 33.6% during the fourth quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after purchasing an additional 852 shares during the period. McAdam LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth approximately $7,729,000. Spire Wealth Management boosted its position in First Trust Morningstar Dividend Leaders Index by 13.4% during the fourth quarter. Spire Wealth Management now owns 5,192 shares of the exchange traded fund’s stock worth $209,000 after purchasing an additional 614 shares during the period. Finally, Clear Creek Financial Management LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth approximately $859,000.

First Trust Morningstar Dividend Leaders Index Stock Up 0.2 %

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $41.90 on Friday. The stock has a market capitalization of $4.37 billion, a P/E ratio of 12.51 and a beta of 0.73. The stock has a 50 day moving average price of $41.18 and a two-hundred day moving average price of $41.38. First Trust Morningstar Dividend Leaders Index has a 12-month low of $35.45 and a 12-month high of $44.07.

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.