Triad Wealth Partners LLC Purchases Shares of 14,495 First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Triad Wealth Partners LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,495 shares of the exchange traded fund’s stock, valued at approximately $584,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth about $31,000. Synergy Asset Management LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth about $46,000. Blue Trust Inc. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 84.0% during the fourth quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $81,000 after buying an additional 913 shares in the last quarter. Assetmark Inc. raised its position in 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 buying an additional 382 shares during the last quarter. Finally, Valley National Advisers Inc. raised its position in 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 buying an additional 852 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Down 2.1 %

NYSEARCA:FDL opened at $42.92 on Wednesday. The company has a market cap of $4.90 billion, a P/E ratio of 19.12 and a beta of 0.90. First Trust Morningstar Dividend Leaders Index has a twelve month low of $36.31 and a twelve month high of $44.29. The business has a 50 day moving average price of $41.56 and a two-hundred day moving average price of $41.76.

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.