Creekmur Asset Management LLC Purchases New Stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Creekmur Asset Management LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,372 shares of the exchange traded fund’s stock, valued at approximately $121,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Benjamin Edwards Inc. raised its holdings in First Trust Morningstar Dividend Leaders Index by 2.0% in the 4th quarter. Benjamin Edwards Inc. now owns 14,529 shares of the exchange traded fund’s stock valued at $521,000 after buying an additional 289 shares during the last quarter. Waterfront Wealth Inc. grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 4.4% in the 4th quarter. Waterfront Wealth Inc. now owns 7,815 shares of the exchange traded fund’s stock valued at $280,000 after buying an additional 329 shares during the period. Bank of Nova Scotia raised its stake in First Trust Morningstar Dividend Leaders Index by 2.1% during the 3rd quarter. Bank of Nova Scotia now owns 25,815 shares of the exchange traded fund’s stock worth $863,000 after buying an additional 540 shares during the period. Avior Wealth Management LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 8.9% in the fourth quarter. Avior Wealth Management LLC now owns 7,180 shares of the exchange traded fund’s stock worth $258,000 after acquiring an additional 586 shares in the last quarter. Finally, Harvest Investment Services LLC grew its stake in First Trust Morningstar Dividend Leaders Index by 0.5% in the fourth quarter. Harvest Investment Services LLC now owns 145,575 shares of the exchange traded fund’s stock valued at $5,223,000 after acquiring an additional 746 shares during the period.

First Trust Morningstar Dividend Leaders Index Stock Down 0.4 %

FDL traded down $0.14 during trading on Friday, hitting $37.60. 394,255 shares of the company’s stock were exchanged, compared to its average volume of 742,871. The stock has a market cap of $3.92 billion, a P/E ratio of 12.51 and a beta of 0.73. The business’s 50 day moving average is $37.90 and its two-hundred day moving average is $36.93. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $31.47 and a fifty-two week high of $39.02.

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.