GWM Advisors LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 3.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,699 shares of the exchange traded fund’s stock after buying an additional 1,201 shares during the quarter. GWM Advisors LLC owned about 0.08% of First Trust Morningstar Dividend Leaders Index worth $1,247,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FDL. Coastal Investment Advisors Inc. increased its holdings in shares of First Trust Morningstar Dividend Leaders Index by 14.1% during the second quarter. Coastal Investment Advisors Inc. now owns 3,019 shares of the exchange traded fund’s stock valued at $93,000 after acquiring an additional 372 shares in the last quarter. Signaturefd LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 31.5% in the 2nd quarter. Signaturefd LLC now owns 4,147 shares of the exchange traded fund’s stock worth $127,000 after buying an additional 994 shares during the period. FMR LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 453,200.0% in the 1st quarter. FMR LLC now owns 4,533 shares of the exchange traded fund’s stock worth $137,000 after buying an additional 4,532 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 240.0% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,679 shares of the exchange traded fund’s stock worth $141,000 after buying an additional 3,303 shares during the period. Finally, Harwood Advisory Group LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the 1st quarter worth approximately $207,000.

Shares of NYSEARCA FDL opened at $29.75 on Wednesday. First Trust Morningstar Dividend Leaders Index has a 12 month low of $25.76 and a 12 month high of $31.38. The firm’s 50 day simple moving average is $30.57 and its 200-day simple moving average is $30.11.

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.

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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