First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by AIFG Consultants Ltd.

AIFG Consultants Ltd. trimmed its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 87.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,747 shares of the exchange traded fund’s stock after selling 108,751 shares during the quarter. First Trust Morningstar Dividend Leaders Index makes up 1.0% of AIFG Consultants Ltd.’s portfolio, making the stock its 25th biggest holding. AIFG Consultants Ltd.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $634,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of FDL. International Assets Investment Management LLC boosted its holdings in First Trust Morningstar Dividend Leaders Index by 4,114.5% in the third quarter. International Assets Investment Management LLC now owns 5,452,833 shares of the exchange traded fund’s stock valued at $228,746,000 after purchasing an additional 5,323,451 shares during the last quarter. LPL Financial LLC raised its stake in First Trust Morningstar Dividend Leaders Index by 7.2% during the third quarter. LPL Financial LLC now owns 8,454,951 shares of the exchange traded fund’s stock worth $354,685,000 after acquiring an additional 566,772 shares during the period. Strategic Financial Concepts LLC lifted its holdings in First Trust Morningstar Dividend Leaders Index by 4,323.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 233,968 shares of the exchange traded fund’s stock worth $9,420,000 after acquiring an additional 228,679 shares during the last quarter. McAdam LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter valued at approximately $7,729,000. Finally, Retireful LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 3rd quarter worth approximately $4,872,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

FDL stock opened at $41.86 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 1 year low of $35.45 and a 1 year high of $44.07. The stock’s fifty day moving average is $41.10 and its two-hundred day moving average is $41.43. The stock has a market capitalization of $4.37 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

About First Trust Morningstar Dividend Leaders Index

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.