Monument Group Wealth Advisors LLC Invests $371,000 in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Monument Group Wealth Advisors LLC acquired a new position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the 4th quarter, Holdings Channel.com reports. The firm acquired 10,350 shares of the exchange traded fund’s stock, valued at approximately $371,000. First Trust Morningstar Dividend Leaders Index accounts for approximately 0.3% of Monument Group Wealth Advisors LLC’s portfolio, making the stock its 24th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CENTRAL TRUST Co bought a new stake in First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $29,000. Whittier Trust Co. bought a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter valued at $67,000. Everett Harris & Co. CA purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at $204,000. Sterling Investment Management LLC bought a new position in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth $208,000. Finally, Cedar Brook Financial Partners LLC purchased a new stake in First Trust Morningstar Dividend Leaders Index in the 4th quarter worth $215,000.

First Trust Morningstar Dividend Leaders Index Stock Up 1.0 %

NYSEARCA:FDL opened at $37.87 on Wednesday. The business’s 50-day simple moving average is $37.25 and its two-hundred day simple moving average is $35.61. First Trust Morningstar Dividend Leaders Index has a 52 week low of $31.47 and a 52 week high of $38.54. The stock has a market cap of $4.00 billion, a PE ratio of 12.41 and a beta of 0.73.

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.