Mariner LLC Buys 58,188 Shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Mariner LLC increased its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 37.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 212,316 shares of the exchange traded fund’s stock after acquiring an additional 58,188 shares during the quarter. Mariner LLC owned about 0.20% of First Trust Morningstar Dividend Leaders Index worth $8,548,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 7.8% during the fourth quarter. LPL Financial LLC now owns 9,111,719 shares of the exchange traded fund’s stock worth $366,838,000 after purchasing an additional 656,768 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the 4th quarter worth $127,327,000. Wells Fargo & Company MN raised its position in shares of First Trust Morningstar Dividend Leaders Index by 11.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,739,773 shares of the exchange traded fund’s stock valued at $110,303,000 after buying an additional 272,247 shares in the last quarter. Rockport Wealth LLC lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 19.6% during the 4th quarter. Rockport Wealth LLC now owns 1,951,507 shares of the exchange traded fund’s stock worth $78,568,000 after acquiring an additional 319,857 shares during the last quarter. Finally, Csenge Advisory Group grew its position in First Trust Morningstar Dividend Leaders Index by 0.8% in the fourth quarter. Csenge Advisory Group now owns 1,741,230 shares of the exchange traded fund’s stock worth $70,102,000 after acquiring an additional 13,574 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Up 1.2 %

FDL opened at $40.06 on Friday. The business’s fifty day simple moving average is $42.19 and its 200 day simple moving average is $41.86. First Trust Morningstar Dividend Leaders Index has a 52 week low of $36.65 and a 52 week high of $44.35. The stock has a market cap of $4.94 billion, a PE ratio of 17.19 and a beta of 0.77.

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.