J.W. Cole Advisors Inc. Sells 11,703 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

J.W. Cole Advisors Inc. trimmed its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 15.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,998 shares of the exchange traded fund’s stock after selling 11,703 shares during the period. J.W. Cole Advisors Inc. owned 0.06% of First Trust Morningstar Dividend Leaders Index worth $2,424,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Icon Wealth Advisors LLC bought a new position in First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at $795,000. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth $47,000. Sykon Capital LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth $313,000. Cedrus LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 7.7% during the fourth quarter. Cedrus LLC now owns 59,459 shares of the exchange traded fund’s stock worth $2,133,000 after acquiring an additional 4,241 shares in the last quarter. Finally, Capital Analysts LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 30.4% during the fourth quarter. Capital Analysts LLC now owns 14,939 shares of the exchange traded fund’s stock worth $536,000 after acquiring an additional 3,484 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA:FDL traded down $0.02 during trading on Friday, hitting $37.66. 262,696 shares of the company were exchanged, compared to its average volume of 711,951. The company has a market cap of $3.93 billion, a PE ratio of 12.51 and a beta of 0.73. The stock has a 50 day moving average of $38.09 and a 200 day moving average of $37.20. First Trust Morningstar Dividend Leaders Index has a 52-week low of $31.47 and a 52-week high of $39.02.

First Trust Morningstar Dividend Leaders Index 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.