Proactive Wealth Strategies LLC Acquires 6,744 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Proactive Wealth Strategies LLC boosted its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 9.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 78,550 shares of the exchange traded fund’s stock after acquiring an additional 6,744 shares during the quarter. First Trust Morningstar Dividend Leaders Index makes up approximately 1.6% of Proactive Wealth Strategies LLC’s holdings, making the stock its 17th biggest holding. Proactive Wealth Strategies LLC owned about 0.08% of First Trust Morningstar Dividend Leaders Index worth $3,162,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Blue Trust Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at $46,000. Synergy Asset Management LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at approximately $46,000. Valley National Advisers Inc. boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 339.2% during the third quarter. Valley National Advisers Inc. now owns 2,534 shares of the exchange traded fund’s stock worth $105,000 after purchasing an additional 1,957 shares in the last quarter. Assetmark Inc. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 14.4% in the 3rd quarter. Assetmark Inc. now owns 3,042 shares of the exchange traded fund’s stock valued at $128,000 after buying an additional 382 shares during the period. Finally, Crews Bank & Trust bought a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter valued at $143,000.

First Trust Morningstar Dividend Leaders Index Trading Up 0.0 %

FDL stock opened at $42.59 on Tuesday. First Trust Morningstar Dividend Leaders Index has a 1-year low of $36.01 and a 1-year high of $44.07. The business’s 50-day moving average price is $41.06 and its two-hundred day moving average price is $41.49. The firm has a market cap of $4.44 billion, a PE ratio of 12.51 and a beta of 0.73.

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.