Global Retirement Partners LLC Has $705,000 Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Global Retirement Partners LLC lifted its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.6% in the third quarter, HoldingsChannel reports. The institutional investor owned 16,798 shares of the exchange traded fund’s stock after buying an additional 735 shares during the quarter. Global Retirement Partners LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $705,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of FDL. Global Assets Advisory LLC acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 1st quarter worth approximately $738,000. Priebe Wealth Holdings LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 3.9% in the 1st quarter. Priebe Wealth Holdings LLC now owns 19,362 shares of the exchange traded fund’s stock worth $745,000 after buying an additional 730 shares in the last quarter. Sound Income Strategies LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the 1st quarter worth approximately $62,000. Elevated Capital Advisors LLC grew its position in First Trust Morningstar Dividend Leaders Index by 4.6% during the 1st quarter. Elevated Capital Advisors LLC now owns 283,232 shares of the exchange traded fund’s stock worth $10,899,000 after acquiring an additional 12,410 shares during the last quarter. Finally, Hobart Private Capital LLC grew its position in First Trust Morningstar Dividend Leaders Index by 39.4% during the 1st quarter. Hobart Private Capital LLC now owns 107,381 shares of the exchange traded fund’s stock worth $4,132,000 after acquiring an additional 30,334 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA FDL opened at $42.44 on Monday. The firm has a market cap of $4.43 billion, a PE ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a one year low of $31.47 and a one year high of $42.70. The stock’s 50 day simple moving average is $41.42 and its 200 day simple moving average is $39.44.

About First Trust Morningstar Dividend Leaders Index

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.