Harvest Investment Services LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL – Free Report) by 0.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 149,918 shares of the exchange traded fund’s stock after acquiring an additional 651 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises 1.5% of Harvest Investment Services LLC’s holdings, making the stock its 11th biggest position. Harvest Investment Services LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $6,036,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter worth approximately $127,327,000. LPL Financial LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 7.8% in the fourth quarter. LPL Financial LLC now owns 9,111,719 shares of the exchange traded fund’s stock valued at $366,838,000 after purchasing an additional 656,768 shares during the period. Rockport Wealth LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 19.6% in the fourth quarter. Rockport Wealth LLC now owns 1,951,507 shares of the exchange traded fund’s stock valued at $78,568,000 after purchasing an additional 319,857 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 11.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,739,773 shares of the exchange traded fund’s stock valued at $110,303,000 after acquiring an additional 272,247 shares during the period. Finally, Strategic Financial Concepts LLC raised its stake in First Trust Morningstar Dividend Leaders Index by 4,323.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 233,968 shares of the exchange traded fund’s stock valued at $9,420,000 after purchasing an additional 228,679 shares during the last quarter.
First Trust Morningstar Dividend Leaders Index Stock Down 1.8 %
First Trust Morningstar Dividend Leaders Index stock opened at $39.35 on Tuesday. The business has a 50 day moving average price of $42.13 and a two-hundred day moving average price of $41.85. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 14.88 and a beta of 0.77. First Trust Morningstar Dividend Leaders Index has a 12 month low of $37.13 and a 12 month high of $44.35.
First Trust Morningstar Dividend Leaders Index Company 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.
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