Wealth Enhancement Advisory Services LLC Raises Stock Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Wealth Enhancement Advisory Services LLC raised its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 8.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 47,846 shares of the exchange traded fund’s stock after buying an additional 3,530 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,007,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in FDL. Private Portfolio Partners LLC grew its position in shares of First Trust Morningstar Dividend Leaders Index by 0.9% in the 1st quarter. Private Portfolio Partners LLC now owns 32,698 shares of the exchange traded fund’s stock worth $1,258,000 after buying an additional 279 shares during the last quarter. Creative Planning grew its holdings in First Trust Morningstar Dividend Leaders Index by 1.1% in the second quarter. Creative Planning now owns 29,159 shares of the exchange traded fund’s stock worth $1,106,000 after purchasing an additional 328 shares during the last quarter. J.W. Cole Advisors Inc. increased its position in shares of First Trust Morningstar Dividend Leaders Index by 0.6% during the second quarter. J.W. Cole Advisors Inc. now owns 63,357 shares of the exchange traded fund’s stock worth $2,403,000 after purchasing an additional 359 shares in the last quarter. Blair William & Co. IL lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 4.9% during the 2nd quarter. Blair William & Co. IL now owns 7,773 shares of the exchange traded fund’s stock valued at $295,000 after purchasing an additional 364 shares during the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 1.8% in the 2nd quarter. Larson Financial Group LLC now owns 20,953 shares of the exchange traded fund’s stock worth $795,000 after purchasing an additional 370 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

Shares of NYSEARCA:FDL opened at $41.85 on Friday. The business’s 50-day moving average is $41.75 and its 200 day moving average is $39.72. First Trust Morningstar Dividend Leaders Index has a 1 year low of $32.30 and a 1 year high of $42.70. The firm has a market capitalization of $4.36 billion, a P/E 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.