Illumine Investment Management LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,367 shares of the exchange traded fund’s stock, valued at approximately $578,000.
Other large investors also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in First Trust Morningstar Dividend Leaders Index during the third quarter worth $46,000. Synergy Asset Management LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $46,000. Assetmark Inc. raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 14.4% in the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after purchasing an additional 382 shares in the last quarter. Valley National Advisers Inc. increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 33.6% in the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock valued at $135,000 after acquiring an additional 852 shares during the last quarter. Finally, Crews Bank & Trust purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $143,000.
First Trust Morningstar Dividend Leaders Index Stock Performance
Shares of First Trust Morningstar Dividend Leaders Index stock opened at $43.33 on Friday. The company’s fifty day moving average is $41.41 and its two-hundred day moving average is $41.68. First Trust Morningstar Dividend Leaders Index has a 1 year low of $36.25 and a 1 year high of $44.07. The company has a market capitalization of $4.94 billion, a P/E ratio of 19.12 and a beta of 0.90.
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.
Read More
- Five stocks we like better than First Trust Morningstar Dividend Leaders Index
- EV Stocks and How to Profit from Them
- Lowe’s Stock Eyes New Highs as Growth, Dividends Drive Gains
- Industrial Products Stocks Investing
- 3 Stocks Using Bitcoin to Grow Their Treasury Reserves
- NYSE Stocks Give Investors a Variety of Quality Options
- March’s Hottest Stocks: 5 Buys to Consider Now
Want to see what other hedge funds are holding FDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL – Free Report).
Receive News & Ratings for First Trust Morningstar Dividend Leaders Index Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Morningstar Dividend Leaders Index and related companies with MarketBeat.com's FREE daily email newsletter.
