First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC grew its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 435,555 shares of the exchange traded fund’s stock after buying an additional 4,183 shares during the period. HighTower Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $17,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Freedom Investment Management Inc. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.2% in the third quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 245 shares during the period. Aptus Capital Advisors LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.5% in the third quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock valued at $246,000 after purchasing an additional 250 shares during the period. Kovack Advisors Inc. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.9% in the fourth quarter. Kovack Advisors Inc. now owns 17,268 shares of the exchange traded fund’s stock valued at $695,000 after purchasing an additional 327 shares during the period. Flynn Zito Capital Management LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.2% in the fourth quarter. Flynn Zito Capital Management LLC now owns 27,551 shares of the exchange traded fund’s stock valued at $1,109,000 after purchasing an additional 331 shares during the period. Finally, KMG Fiduciary Partners LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 1.4% in the fourth quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock valued at $983,000 after purchasing an additional 335 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Up 1.1 %

Shares of FDL opened at $43.06 on Friday. First Trust Morningstar Dividend Leaders Index has a 12-month low of $36.31 and a 12-month high of $44.35. The firm has a 50-day moving average price of $42.04 and a 200 day moving average price of $41.90. The firm has a market capitalization of $5.19 billion, a P/E ratio of 17.05 and a beta of 0.87.

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.