Spire Wealth Management raised its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL – Free Report) by 13.4% in the fourth quarter, Holdings Channel reports. The firm owned 5,192 shares of the exchange traded fund’s stock after acquiring an additional 614 shares during the quarter. Spire Wealth Management’s holdings in First Trust Morningstar Dividend Leaders Index were worth $209,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Freedom Investment Management Inc. boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 4.2% during the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock worth $255,000 after acquiring an additional 245 shares during the period. Aptus Capital Advisors LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after buying an additional 250 shares in the last quarter. KMG Fiduciary Partners LLC grew its position in First Trust Morningstar Dividend Leaders Index by 1.4% during the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock worth $983,000 after acquiring an additional 335 shares during the last quarter. Assetmark Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 14.4% during the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock worth $128,000 after acquiring an additional 382 shares during the last quarter. Finally, Moseley Investment Management Inc. grew its position in shares of First Trust Morningstar Dividend Leaders Index by 4.7% in the 4th quarter. Moseley Investment Management Inc. now owns 11,983 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 535 shares during the last quarter.
First Trust Morningstar Dividend Leaders Index Trading Down 0.4 %
NYSEARCA FDL opened at $41.74 on Friday. The business’s 50-day moving average price is $41.13 and its two-hundred day moving average price is $41.39. First Trust Morningstar Dividend Leaders Index has a 12 month low of $35.45 and a 12 month high of $44.07. The firm has a market capitalization of $4.35 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.
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