Sebold Capital Management Inc. Acquires New Shares in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Sebold Capital Management Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,028 shares of the exchange traded fund’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co acquired a new position in First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth $29,000. Tower Research Capital LLC TRC boosted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 541.0% during the first quarter. Tower Research Capital LLC TRC now owns 859 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 725 shares during the period. Strategic Investment Solutions Inc. IL bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the second quarter valued at about $50,000. Whittier Trust Co. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the third quarter valued at about $67,000. Finally, Fortis Capital Advisors LLC bought a new stake in First Trust Morningstar Dividend Leaders Index during the fourth quarter worth about $91,000.

First Trust Morningstar Dividend Leaders Index Trading Up 1.7 %

FDL stock opened at $38.19 on Thursday. The stock has a market capitalization of $4.83 billion, a P/E ratio of 12.39 and a beta of 0.86. First Trust Morningstar Dividend Leaders Index has a 12 month low of $31.47 and a 12 month high of $38.20. The firm has a 50-day moving average price of $36.67 and a 200-day moving average price of $35.11.

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.