First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC decreased its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 11.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,236 shares of the exchange traded fund’s stock after selling 10,553 shares during the quarter. Salomon & Ludwin LLC owned 0.08% of First Trust Morningstar Dividend Leaders Index worth $3,577,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC increased its position in shares of 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 buying an additional 5,323,451 shares in the last quarter. Cetera Investment Advisers raised its position in First Trust Morningstar Dividend Leaders Index by 1,056.4% during the first quarter. Cetera Investment Advisers now owns 2,077,685 shares of the exchange traded fund’s stock worth $79,949,000 after acquiring an additional 1,898,023 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of First Trust Morningstar Dividend Leaders Index by 9.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,941,020 shares of the exchange traded fund’s stock valued at $73,623,000 after purchasing an additional 167,698 shares during the last quarter. Csenge Advisory Group increased its stake in shares of First Trust Morningstar Dividend Leaders Index by 6.1% during the 2nd quarter. Csenge Advisory Group now owns 1,740,756 shares of the exchange traded fund’s stock worth $66,027,000 after purchasing an additional 99,653 shares in the last quarter. Finally, Cetera Advisors LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index by 2.4% during the 1st quarter. Cetera Advisors LLC now owns 1,530,215 shares of the exchange traded fund’s stock worth $58,883,000 after purchasing an additional 36,135 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of NYSEARCA:FDL opened at $41.71 on Monday. First Trust Morningstar Dividend Leaders Index has a one year low of $31.47 and a one year high of $42.70. The stock has a market cap of $4.35 billion, a PE ratio of 12.51 and a beta of 0.73. The business’s fifty day moving average price is $41.63 and its two-hundred day moving average price is $39.59.

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.