Signature Estate & Investment Advisors LLC Grows Stock Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Signature Estate & Investment Advisors LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 37.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,168 shares of the exchange traded fund’s stock after purchasing an additional 2,752 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $409,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Modern Wealth Management LLC bought a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at approximately $1,096,000. LPL Financial LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.8% during the fourth quarter. LPL Financial LLC now owns 9,111,719 shares of the exchange traded fund’s stock valued at $366,838,000 after acquiring an additional 656,768 shares in the last quarter. SageOak Financial LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter worth $943,000. Cozad Asset Management Inc. boosted its holdings in First Trust Morningstar Dividend Leaders Index by 6.0% in the fourth quarter. Cozad Asset Management Inc. now owns 153,664 shares of the exchange traded fund’s stock valued at $6,187,000 after acquiring an additional 8,718 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in First Trust Morningstar Dividend Leaders Index by 173.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 36,573 shares of the exchange traded fund’s stock valued at $1,472,000 after acquiring an additional 23,191 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Up 0.6 %

Shares of NYSEARCA FDL opened at $43.40 on Thursday. The firm has a fifty day simple moving average of $42.56 and a two-hundred day simple moving average of $42.01. First Trust Morningstar Dividend Leaders Index has a 12 month low of $36.31 and a 12 month high of $44.35. The firm has a market capitalization of $5.23 billion, a PE ratio of 17.05 and a beta of 0.87.

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.