First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Bought by World Equity Group Inc.

World Equity Group Inc. increased its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 3.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,601 shares of the exchange traded fund’s stock after buying an additional 3,813 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises approximately 1.1% of World Equity Group Inc.’s holdings, making the stock its 17th largest position. World Equity Group Inc. owned approximately 0.13% of First Trust Morningstar Dividend Leaders Index worth $5,258,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Freedom Investment Management Inc. raised its position in shares of First Trust Morningstar Dividend Leaders Index by 4.2% during the third 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 during the period. Aptus Capital Advisors LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 4.5% during the third 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 during the period. KMG Fiduciary Partners LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 1.4% during the fourth 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 during the period. Assetmark Inc. raised its position in shares of First Trust Morningstar Dividend Leaders Index by 14.4% during 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 period. Finally, Gladstone Institutional Advisory LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 1.4% during the fourth 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 during the period.

First Trust Morningstar Dividend Leaders Index Trading Up 0.0 %

NYSEARCA:FDL opened at $43.32 on Friday. The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.19 and a 1-year high of $44.07. The business’s fifty day moving average price is $41.16 and its 200 day moving average price is $41.58.

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.