Finward Bancorp Makes New $907,000 Investment in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Finward Bancorp bought a new stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report) during the 4th quarter, Holdings Channel reports. The firm bought 22,517 shares of the exchange traded fund’s stock, valued at approximately $907,000.

Other hedge funds have also added to or reduced their stakes in the company. Mascoma Wealth Management LLC bought a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter worth $28,000. SBI Securities Co. Ltd. acquired a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth about $31,000. Synergy Asset Management LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at about $46,000. Blue Trust Inc. grew its position in shares of First Trust Morningstar Dividend Leaders Index by 84.0% during the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $81,000 after purchasing an additional 913 shares in the last quarter. Finally, Pillar Financial Advisors LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth approximately $106,000.

First Trust Morningstar Dividend Leaders Index Trading Down 0.1 %

NYSEARCA FDL opened at $40.01 on Wednesday. The company has a market cap of $4.94 billion, a price-to-earnings ratio of 17.19 and a beta of 0.77. The company has a 50 day moving average of $42.31 and a 200-day moving average of $41.90. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.31 and a 1-year high of $44.35.

First Trust Morningstar Dividend Leaders Index Company Profile

(Free Report)

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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Want to see what other hedge funds are holding FDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLFree Report).

Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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