WealthTrust Asset Management LLC Increases Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

WealthTrust Asset Management LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 6.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,497 shares of the exchange traded fund’s stock after acquiring an additional 590 shares during the quarter. WealthTrust Asset Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $382,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. US Bancorp DE lifted its stake in First Trust Morningstar Dividend Leaders Index by 34.3% in the 4th quarter. US Bancorp DE now owns 40,165 shares of the exchange traded fund’s stock valued at $1,617,000 after buying an additional 10,268 shares in the last quarter. Valley National Advisers Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 33.6% in the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock valued at $135,000 after buying an additional 852 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in First Trust Morningstar Dividend Leaders Index by 7.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after buying an additional 71,997 shares in the last quarter. FMR LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 67.8% in the 3rd quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after buying an additional 9,320 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 84.0% in the 4th quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock valued at $81,000 after buying an additional 913 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Up 1.1 %

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $43.06 on Friday. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $36.31 and a fifty-two week high of $44.35. The business’s fifty day moving average is $42.04 and its two-hundred day moving average is $41.90. The firm has a market cap of $5.19 billion, a PE ratio of 17.05 and a beta of 0.87.

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.