Gateway Wealth Partners LLC Buys 2,771 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Gateway Wealth Partners LLC grew its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 7.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,053 shares of the exchange traded fund’s stock after purchasing an additional 2,771 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,572,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of FDL. Creative Planning raised its position in shares of First Trust Morningstar Dividend Leaders Index by 1.1% in the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock valued at $1,106,000 after purchasing an additional 328 shares during the period. Sunbelt Securities Inc. raised its position in shares of First Trust Morningstar Dividend Leaders Index by 12.1% in the second quarter. Sunbelt Securities Inc. now owns 12,243 shares of the exchange traded fund’s stock valued at $464,000 after purchasing an additional 1,319 shares during the period. B. Riley Wealth Advisors Inc. raised its position in shares of First Trust Morningstar Dividend Leaders Index by 15.5% in the second quarter. B. Riley Wealth Advisors Inc. now owns 86,644 shares of the exchange traded fund’s stock valued at $3,286,000 after purchasing an additional 11,607 shares during the period. Pathway Financial Advisers LLC grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 124.5% in the second quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 401 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the second quarter valued at about $1,528,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

FDL stock opened at $41.63 on Wednesday. The company’s 50-day simple moving average is $41.41 and its 200 day simple moving average is $41.31. First Trust Morningstar Dividend Leaders Index has a 52 week low of $35.45 and a 52 week high of $44.07. The company has a market capitalization of $4.34 billion, a PE ratio of 12.51 and a beta of 0.73.

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.