AIFG Consultants Ltd. Sells 182,084 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

AIFG Consultants Ltd. cut its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 54.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,487 shares of the exchange traded fund’s stock after selling 182,084 shares during the quarter. First Trust Morningstar Dividend Leaders Index comprises approximately 4.2% of AIFG Consultants Ltd.’s holdings, making the stock its 11th biggest position. AIFG Consultants Ltd.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $5,471,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tower Research Capital LLC TRC lifted its holdings in First Trust Morningstar Dividend Leaders Index by 541.0% during the 1st quarter. Tower Research Capital LLC TRC now owns 859 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 725 shares during the last quarter. CENTRAL TRUST Co acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 3rd quarter valued at $29,000. Strategic Investment Solutions Inc. IL acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 2nd quarter valued at $50,000. Whittier Trust Co. acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 3rd quarter valued at $67,000. Finally, Fortis Capital Advisors LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at $91,000.

First Trust Morningstar Dividend Leaders Index Price Performance

First Trust Morningstar Dividend Leaders Index stock traded up $0.10 during mid-day trading on Thursday, hitting $36.62. 1,140,731 shares of the company’s stock traded hands, compared to its average volume of 812,815. The firm has a 50 day simple moving average of $37.15 and a two-hundred day simple moving average of $35.47. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $31.47 and a fifty-two week high of $38.54. The stock has a market cap of $3.86 billion, a price-to-earnings ratio of 12.41 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.