Sargent Investment Group LLC Sells 4,480 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Sargent Investment Group LLC reduced its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,402 shares of the exchange traded fund’s stock after selling 4,480 shares during the quarter. Sargent Investment Group LLC owned approximately 0.06% of First Trust Morningstar Dividend Leaders Index worth $2,339,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDL. Creative Planning grew its stake in First Trust Morningstar Dividend Leaders Index by 1.1% during the 2nd quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock worth $1,106,000 after buying an additional 328 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of First Trust Morningstar Dividend Leaders Index in the 2nd quarter valued at approximately $1,528,000. Brookstone Capital Management purchased a new stake in First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $215,000. Daymark Wealth Partners LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 2.7% in the third quarter. Daymark Wealth Partners LLC now owns 24,067 shares of the exchange traded fund’s stock worth $1,010,000 after buying an additional 644 shares during the last quarter. Finally, CWM LLC lifted its position in First Trust Morningstar Dividend Leaders Index by 59.5% during the 3rd quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 6,865 shares during the period.

First Trust Morningstar Dividend Leaders Index Trading Up 0.2 %

Shares of FDL stock opened at $41.66 on Wednesday. First Trust Morningstar Dividend Leaders Index has a twelve month low of $35.45 and a twelve month high of $44.07. The stock has a market cap of $4.35 billion, a P/E ratio of 12.51 and a beta of 0.73. The stock has a 50 day moving average of $41.25 and a 200 day moving average of $41.37.

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.