Truist Financial Corp Sells 333 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Truist Financial Corp cut its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 0.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 569,172 shares of the exchange traded fund’s stock after selling 333 shares during the period. Truist Financial Corp owned approximately 0.55% of First Trust Morningstar Dividend Leaders Index worth $22,915,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in FDL. Freedom Investment Management Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 4.2% in the 3rd quarter. Freedom Investment Management Inc. now owns 6,074 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 245 shares in the last quarter. Aptus Capital Advisors LLC grew its position in First Trust Morningstar Dividend Leaders Index by 4.5% in the 3rd quarter. Aptus Capital Advisors LLC now owns 5,853 shares of the exchange traded fund’s stock worth $246,000 after purchasing 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% in the 4th quarter. KMG Fiduciary Partners LLC now owns 24,417 shares of the exchange traded fund’s stock worth $983,000 after purchasing an additional 335 shares in the last quarter. Assetmark Inc. grew its position in First Trust Morningstar Dividend Leaders Index by 14.4% in the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock worth $128,000 after purchasing an additional 382 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC grew its position in First Trust Morningstar Dividend Leaders Index by 1.4% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 36,962 shares of the exchange traded fund’s stock worth $1,488,000 after purchasing an additional 523 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of FDL stock opened at $43.11 on Thursday. First Trust Morningstar Dividend Leaders Index has a 52-week low of $36.17 and a 52-week high of $44.07. The company has a 50-day simple moving average of $41.09 and a two-hundred day simple moving average of $41.52. The company has a market capitalization of $4.50 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

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.