Jane Street Group LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 15.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 23,005 shares of the exchange traded fund’s stock after buying an additional 3,021 shares during the period. Jane Street Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $658,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDL. Cornerstone Wealth Management LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the second quarter valued at approximately $5,802,000. Royal Bank of Canada grew its holdings in First Trust Morningstar Dividend Leaders Index by 17.5% during the first quarter. Royal Bank of Canada now owns 600,819 shares of the exchange traded fund’s stock worth $16,961,000 after buying an additional 89,565 shares in the last quarter. LPL Financial LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 5.6% during the first quarter. LPL Financial LLC now owns 1,580,936 shares of the exchange traded fund’s stock worth $44,630,000 after buying an additional 84,315 shares in the last quarter. Prospera Financial Services Inc bought a new stake in First Trust Morningstar Dividend Leaders Index during the second quarter worth $1,666,000. Finally, Quad Cities Investment Group LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the first quarter worth $1,459,000.

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $29.64 on Thursday. First Trust Morningstar Dividend Leaders Index has a 12-month low of $27.37 and a 12-month high of $31.14.

The business also recently declared a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Monday, September 17th were issued a dividend of $0.2416 per share. The ex-dividend date was Friday, September 14th. This represents a $0.97 annualized dividend and a yield of 3.26%.

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.

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Want to see what other hedge funds are holding FDL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL).

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

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