Crews Bank & Trust Buys New Shares in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Crews Bank & Trust purchased a new position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,550 shares of the exchange traded fund’s stock, valued at approximately $143,000.

Several other institutional investors have also added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the 3rd quarter valued at $39,000. Blue Trust Inc. purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at about $46,000. Synergy Asset Management LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at about $46,000. Valley National Advisers Inc. boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 339.2% during the third quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 1,957 shares during the period. Finally, Assetmark Inc. grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 14.4% in the third quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock worth $128,000 after purchasing an additional 382 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA:FDL opened at $41.53 on Friday. First Trust Morningstar Dividend Leaders Index has a 1 year low of $35.45 and a 1 year high of $44.07. The stock’s 50-day moving average is $41.34 and its 200 day moving average is $41.33. The company has a market cap of $4.33 billion, a PE ratio of 12.51 and a beta of 0.73.

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.