FSB Premier Wealth Management Inc. Boosts Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

FSB Premier Wealth Management Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,100 shares of the exchange traded fund’s stock after buying an additional 1,776 shares during the quarter. FSB Premier Wealth Management Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,292,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. US Bancorp DE boosted its holdings in First Trust Morningstar Dividend Leaders Index by 34.3% in the fourth quarter. US Bancorp DE now owns 40,165 shares of the exchange traded fund’s stock valued at $1,617,000 after purchasing an additional 10,268 shares during the last quarter. Valley National Advisers Inc. boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 33.6% in the fourth quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after buying an additional 852 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in First Trust Morningstar Dividend Leaders Index by 7.6% during the third quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock worth $42,667,000 after acquiring an additional 71,997 shares during the period. FMR LLC boosted its position in First Trust Morningstar Dividend Leaders Index by 67.8% in the 3rd quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock worth $968,000 after purchasing an additional 9,320 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 11.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 21,990 shares of the exchange traded fund’s stock worth $885,000 after purchasing an additional 2,248 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of NYSEARCA FDL opened at $42.79 on Monday. The company has a market capitalization of $5.16 billion, a PE ratio of 17.05 and a beta of 0.87. The company’s fifty day moving average price is $42.63 and its 200 day moving average price is $42.04. First Trust Morningstar Dividend Leaders Index has a 1 year low of $36.31 and a 1 year high of $44.35.

About First Trust Morningstar Dividend Leaders Index

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.