Stephens Inc. AR Has $22.13 Million Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Stephens Inc. AR lifted its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 9.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 549,604 shares of the exchange traded fund’s stock after acquiring an additional 48,174 shares during the period. Stephens Inc. AR owned approximately 0.53% of First Trust Morningstar Dividend Leaders Index worth $22,127,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.6% in the third quarter. JPMorgan Chase & Co. now owns 1,017,098 shares of the exchange traded fund’s stock valued at $42,667,000 after acquiring an additional 71,997 shares in the last quarter. FMR LLC grew its stake in First Trust Morningstar Dividend Leaders Index by 67.8% during the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock worth $968,000 after buying an additional 9,320 shares in the last quarter. CWM LLC grew its stake in First Trust Morningstar Dividend Leaders Index by 59.5% during the third quarter. CWM LLC now owns 18,411 shares of the exchange traded fund’s stock worth $772,000 after buying an additional 6,865 shares in the last quarter. Blue Trust Inc. acquired a new stake in First Trust Morningstar Dividend Leaders Index during the third quarter worth about $46,000. Finally, Assetmark Inc. grew its stake in First Trust Morningstar Dividend Leaders Index by 14.4% during the third quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock worth $128,000 after buying an additional 382 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Down 0.4 %

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $41.74 on Friday. The company has a market capitalization of $4.35 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 12-month low of $35.45 and a 12-month high of $44.07. The firm’s 50-day moving average price is $41.13 and its two-hundred day moving average price is $41.40.

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.