Wedbush Securities Inc. Buys 11,325 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)


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Wedbush Securities Inc. raised its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 91.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,749 shares of the exchange traded fund’s stock after acquiring an additional 11,325 shares during the quarter. Wedbush Securities Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $777,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of FDL. ForthRight Wealth Management LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at $3,161,000. US Bancorp DE lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 3,315.0% during the fourth quarter. US Bancorp DE now owns 105,318 shares of the exchange traded fund’s stock valued at $3,117,000 after acquiring an additional 102,234 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 10.6% during the fourth quarter. Wells Fargo & Company MN now owns 923,915 shares of the exchange traded fund’s stock valued at $27,338,000 after acquiring an additional 88,415 shares during the period. HC Advisors LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 33.6% during the fourth quarter. HC Advisors LLC now owns 331,170 shares of the exchange traded fund’s stock valued at $9,799,000 after acquiring an additional 83,250 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 194.2% during the first quarter. Private Advisor Group LLC now owns 111,042 shares of the exchange traded fund’s stock valued at $3,633,000 after acquiring an additional 73,303 shares during the period.

Shares of NYSEARCA:FDL opened at $34.33 on Tuesday. First Trust Morningstar Dividend Leaders Index has a twelve month low of $22.72 and a twelve month high of $34.48. The business has a fifty day moving average of $33.12 and a 200-day moving average of $30.41.

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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