JPMorgan Chase & Co. Purchases 71,997 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

JPMorgan Chase & Co. lifted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 7.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,017,098 shares of the exchange traded fund’s stock after acquiring an additional 71,997 shares during the period. JPMorgan Chase & Co.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $42,667,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of FDL. 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. International Assets Investment Management LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 4,114.5% in the third 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Morningstar Dividend Leaders Index by 3.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,447,886 shares of the exchange traded fund’s stock worth $54,918,000 after purchasing an additional 52,303 shares during the last quarter. Janney Montgomery Scott LLC raised its position in First Trust Morningstar Dividend Leaders Index by 0.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 565,850 shares of the exchange traded fund’s stock valued at $23,737,000 after buying an additional 3,032 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 12.3% during the 3rd quarter. Private Advisor Group LLC now owns 472,857 shares of the exchange traded fund’s stock valued at $19,836,000 after acquiring an additional 51,784 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA FDL opened at $40.54 on Monday. The company has a fifty day moving average price of $41.87 and a 200-day moving average price of $40.99. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1 year low of $35.03 and a 1 year high of $44.07.

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.