JFS Wealth Advisors LLC lessened its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.1% during the second quarter, Holdings Channel.com reports. The fund owned 434,935 shares of the exchange traded fund’s stock after selling 4,831 shares during the period. First Trust Morningstar Dividend Leaders Index accounts for 3.4% of JFS Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. JFS Wealth Advisors LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $13,326,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cutter & CO Brokerage Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 2nd quarter valued at about $253,000. AE Wealth Management LLC boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 114.0% during the 2nd quarter. AE Wealth Management LLC now owns 29,107 shares of the exchange traded fund’s stock valued at $892,000 after purchasing an additional 15,506 shares in the last quarter. VisionPoint Advisory Group LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 1st quarter valued at about $990,000. LexAurum Advisors LLC boosted its stake in shares of First Trust Morningstar Dividend Leaders Index by 38.2% during the 2nd quarter. LexAurum Advisors LLC now owns 103,646 shares of the exchange traded fund’s stock valued at $3,176,000 after purchasing an additional 28,649 shares in the last quarter. Finally, Ausdal Financial Partners Inc. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 2nd quarter valued at about $1,203,000.

Shares of FDL traded up $0.05 during trading hours on Thursday, reaching $30.04. 37 shares of the company traded hands, compared to its average volume of 184,504. The company’s fifty day moving average price is $30.56 and its two-hundred day moving average price is $30.11. First Trust Morningstar Dividend Leaders Index has a 12 month low of $25.76 and a 12 month high of $31.38.

First Trust Morningstar Dividend Leaders Index 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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