Next Level Private LLC Has $9.87 Million Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Next Level Private LLC raised its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 245,266 shares of the exchange traded fund’s stock after purchasing an additional 13,176 shares during the quarter. First Trust Morningstar Dividend Leaders Index accounts for about 4.0% of Next Level Private LLC’s holdings, making the stock its 4th biggest holding. Next Level Private LLC owned about 0.24% of First Trust Morningstar Dividend Leaders Index worth $9,874,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FDL. Pathway Financial Advisers LLC increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 124.5% in the second quarter. Pathway Financial Advisers LLC now owns 723 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 401 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at about $39,000. Blue Trust Inc. acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at about $46,000. Valley National Advisers Inc. increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 339.2% in the third quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 1,957 shares during the period. Finally, Assetmark Inc. increased 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 valued at $128,000 after buying an additional 382 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Up 1.8 %

Shares of FDL stock opened at $41.98 on Tuesday. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. The stock has a 50-day moving average of $41.42 and a 200-day moving average of $41.29. First Trust Morningstar Dividend Leaders Index has a 1-year low of $35.45 and a 1-year high of $44.07.

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.