Jones Financial Companies Lllp Raises Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Jones Financial Companies Lllp lifted its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 191.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 276,811 shares of the exchange traded fund’s stock after acquiring an additional 181,922 shares during the quarter. Jones Financial Companies Lllp owned 0.27% of First Trust Morningstar Dividend Leaders Index worth $11,144,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. LPL Financial LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 7.2% during the 3rd quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after purchasing an additional 566,772 shares during the period. Csenge Advisory Group increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 0.8% during the fourth quarter. Csenge Advisory Group now owns 1,741,230 shares of the exchange traded fund’s stock worth $70,102,000 after buying an additional 13,574 shares during the period. JPMorgan Chase & Co. increased its stake in shares of 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 buying an additional 71,997 shares during the period. Janney Montgomery Scott LLC raised its holdings in First Trust Morningstar Dividend Leaders Index by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 580,744 shares of the exchange traded fund’s stock valued at $23,381,000 after acquiring an additional 14,894 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in First Trust Morningstar Dividend Leaders Index by 9.6% in the fourth quarter. Stephens Inc. AR now owns 549,604 shares of the exchange traded fund’s stock worth $22,127,000 after acquiring an additional 48,174 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Down 0.1 %

Shares of NYSEARCA:FDL opened at $43.83 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $36.31 and a 52 week high of $44.29. The company’s 50 day moving average is $41.56 and its two-hundred day moving average is $41.76. The company has a market cap of $5.00 billion, a PE ratio of 19.12 and a beta of 0.90.

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.