SNS Financial Group LLC Sells 1,670 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

SNS Financial Group LLC trimmed its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 90,062 shares of the exchange traded fund’s stock after selling 1,670 shares during the quarter. SNS Financial Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $3,626,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 7.2% during the 4th quarter. Private Advisor Group LLC now owns 507,023 shares of the exchange traded fund’s stock valued at $20,413,000 after purchasing an additional 34,166 shares during the period. Proactive Wealth Strategies LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 9.4% during the fourth quarter. Proactive Wealth Strategies LLC now owns 78,550 shares of the exchange traded fund’s stock valued at $3,162,000 after buying an additional 6,744 shares during the period. Atria Wealth Solutions Inc. raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 19.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 97,433 shares of the exchange traded fund’s stock valued at $3,933,000 after acquiring an additional 15,888 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter worth $226,000. Finally, Fortis Group Advisors LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 8.2% in the fourth quarter. Fortis Group Advisors LLC now owns 137,437 shares of the exchange traded fund’s stock valued at $5,533,000 after acquiring an additional 10,377 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.7 %

Shares of NYSEARCA FDL opened at $43.11 on Thursday. The firm has a fifty day simple moving average of $41.09 and a two-hundred day simple moving average of $41.52. First Trust Morningstar Dividend Leaders Index has a 12 month low of $36.17 and a 12 month high of $44.07. The firm has a market capitalization of $4.50 billion, a PE ratio of 12.51 and a beta of 0.73.

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.