L.M. Kohn & Company Sells 995 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

L.M. Kohn & Company lessened its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 13.7% during the 4th quarter, Holdings Channel reports. The firm owned 6,275 shares of the exchange traded fund’s stock after selling 995 shares during the period. L.M. Kohn & Company’s holdings in First Trust Morningstar Dividend Leaders Index were worth $253,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Valley National Advisers Inc. raised its stake in First Trust Morningstar Dividend Leaders Index by 33.6% during the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock valued at $135,000 after purchasing an additional 852 shares during the period. JPMorgan Chase & Co. increased 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 worth $42,667,000 after acquiring an additional 71,997 shares during the last quarter. FMR LLC increased 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 worth $968,000 after acquiring an additional 9,320 shares during the last quarter. Blue Trust Inc. bought a new stake in First Trust Morningstar Dividend Leaders Index in the 3rd quarter worth approximately $46,000. Finally, Assetmark Inc. increased its stake 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 acquiring an additional 382 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL opened at $42.59 on Monday. First Trust Morningstar Dividend Leaders Index has a 1 year low of $36.01 and a 1 year high of $44.07. The stock’s 50 day simple moving average is $41.06 and its two-hundred day simple moving average is $41.48. The company has a market cap of $4.44 billion, a price-to-earnings 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.