Janney Montgomery Scott LLC Has $23.38 Million Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Janney Montgomery Scott LLC raised its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 580,744 shares of the exchange traded fund’s stock after buying an additional 14,894 shares during the quarter. Janney Montgomery Scott LLC owned 0.56% of First Trust Morningstar Dividend Leaders Index worth $23,381,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% in the 3rd quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock valued at $228,746,000 after buying an additional 5,323,451 shares during the period. LPL Financial LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 7.2% in the third quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after acquiring an additional 566,772 shares in the last quarter. Retireful LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index in the third quarter valued at approximately $4,872,000. Fortis Group Advisors LLC increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 668.6% during the third quarter. Fortis Group Advisors LLC now owns 127,060 shares of the exchange traded fund’s stock valued at $5,330,000 after acquiring an additional 110,529 shares in the last quarter. Finally, Genesis Private Wealth LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth $4,059,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.4 %

Shares of FDL stock opened at $41.25 on Friday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $35.45 and a 12 month high of $44.07. The firm has a market capitalization of $4.30 billion, a PE ratio of 12.51 and a beta of 0.73. The firm has a fifty day simple moving average of $41.43 and a two-hundred day simple moving average of $41.22.

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.