StrategIQ Financial Group LLC Cuts Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

StrategIQ Financial Group LLC lessened its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLGet Rating) by 8.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,259 shares of the exchange traded fund’s stock after selling 970 shares during the quarter. StrategIQ Financial Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $365,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FDL. RDA Financial Network increased its holdings in First Trust Morningstar Dividend Leaders Index by 2.3% during the 4th quarter. RDA Financial Network now owns 14,783 shares of the exchange traded fund’s stock worth $526,000 after purchasing an additional 330 shares during the period. Kestra Private Wealth Services LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 1.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 33,270 shares of the exchange traded fund’s stock worth $1,183,000 after purchasing an additional 397 shares during the period. Prospera Financial Services Inc increased its holdings in First Trust Morningstar Dividend Leaders Index by 2.2% during the 3rd quarter. Prospera Financial Services Inc now owns 20,441 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 440 shares during the period. Doyle Wealth Management increased its holdings in First Trust Morningstar Dividend Leaders Index by 2.6% during the 3rd quarter. Doyle Wealth Management now owns 19,601 shares of the exchange traded fund’s stock worth $642,000 after purchasing an additional 499 shares during the period. Finally, Continuum Advisory LLC increased its holdings in First Trust Morningstar Dividend Leaders Index by 3.4% during the 3rd quarter. Continuum Advisory LLC now owns 16,541 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 550 shares during the period.

FDL opened at $38.45 on Monday. First Trust Morningstar Dividend Leaders Index has a one year low of $32.31 and a one year high of $38.69. The business’s 50-day simple moving average is $36.92 and its 200-day simple moving average is $35.48.

About First Trust Morningstar Dividend Leaders Index (Get Rating)

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.

See Also

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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