Tucker Asset Management LLC Has $268,000 Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Tucker Asset Management LLC reduced its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 30.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,657 shares of the exchange traded fund’s stock after selling 2,918 shares during the period. Tucker Asset Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $268,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. US Bancorp DE lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 34.3% in the fourth quarter. US Bancorp DE now owns 40,165 shares of the exchange traded fund’s stock worth $1,617,000 after purchasing an additional 10,268 shares in the last quarter. Valley National Advisers Inc. lifted its position in First Trust Morningstar Dividend Leaders Index by 33.6% in the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after buying an additional 852 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after buying an additional 71,997 shares during the period. FMR LLC grew its stake in First Trust Morningstar Dividend Leaders Index by 67.8% in the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after purchasing an additional 9,320 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 11.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 21,990 shares of the exchange traded fund’s stock valued at $885,000 after acquiring an additional 2,248 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Trading Down 0.4 %

Shares of NYSEARCA:FDL opened at $42.79 on Friday. The stock has a market capitalization of $5.16 billion, a PE ratio of 17.05 and a beta of 0.87. The firm has a fifty day moving average price of $42.63 and a 200 day moving average price of $42.03. First Trust Morningstar Dividend Leaders Index has a 1 year low of $36.31 and a 1 year high of $44.35.

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.