HighTower Advisors LLC boosted its position in shares of First Trust Morningstar Divid Ledr (NYSE:FDL) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,993 shares of the exchange traded fund’s stock after purchasing an additional 1,552 shares during the period. HighTower Advisors LLC’s holdings in First Trust Morningstar Divid Ledr were worth $4,284,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. increased its holdings in First Trust Morningstar Divid Ledr by 56.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 353,195 shares of the exchange traded fund’s stock worth $9,948,000 after purchasing an additional 127,582 shares during the last quarter. JFS Wealth Advisors LLC raised its position in shares of First Trust Morningstar Divid Ledr by 48.5% in the 2nd quarter. JFS Wealth Advisors LLC now owns 381,520 shares of the exchange traded fund’s stock valued at $10,732,000 after purchasing an additional 124,581 shares in the last quarter. First Allied Advisory Services Inc. raised its position in shares of First Trust Morningstar Divid Ledr by 72.5% in the 2nd quarter. First Allied Advisory Services Inc. now owns 150,532 shares of the exchange traded fund’s stock valued at $4,240,000 after purchasing an additional 63,269 shares in the last quarter. Suntrust Banks Inc. raised its position in shares of First Trust Morningstar Divid Ledr by 8.1% in the 2nd quarter. Suntrust Banks Inc. now owns 827,219 shares of the exchange traded fund’s stock valued at $23,268,000 after purchasing an additional 62,322 shares in the last quarter. Finally, IFC Holdings Incorporated FL raised its position in shares of First Trust Morningstar Divid Ledr by 46.0% in the 2nd quarter. IFC Holdings Incorporated FL now owns 70,047 shares of the exchange traded fund’s stock valued at $1,973,000 after purchasing an additional 22,058 shares in the last quarter.

First Trust Morningstar Divid Ledr (FDL) opened at 29.22 on Wednesday. First Trust Morningstar Divid Ledr has a 1-year low of $26.08 and a 1-year high of $29.47. The stock’s 50 day moving average price is $28.57 and its 200 day moving average price is $28.52.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 22nd were issued a dividend of $0.2125 per share. This represents a $0.85 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date was Thursday, September 21st.

TRADEMARK VIOLATION NOTICE: This news story was originally reported by Watch List News and is owned by of Watch List News. If you are reading this news story on another website, it was stolen and reposted in violation of international copyright laws. The correct version of this news story can be read at https://www.watchlistnews.com/first-trust-morningstar-divid-ledr-fdl-position-raised-by-hightower-advisors-llc/1607915.html.

About First Trust Morningstar Divid Ledr

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.

Institutional Ownership by Quarter for First Trust Morningstar Divid Ledr (NYSE:FDL)

Receive News & Ratings for First Trust Morningstar Divid Ledr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Morningstar Divid Ledr and related companies with Analyst Ratings Network's FREE daily email newsletter.