Orion Portfolio Solutions LLC Grows Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Orion Portfolio Solutions LLC raised its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDLGet Rating) by 595.2% during the 2nd quarter, Holdings Channel reports. The fund owned 47,671 shares of the exchange traded fund’s stock after purchasing an additional 40,814 shares during the period. Orion Portfolio Solutions LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $1,679,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sargent Investment Group LLC raised its stake in First Trust Morningstar Dividend Leaders Index by 0.9% during the first quarter. Sargent Investment Group LLC now owns 32,152 shares of the exchange traded fund’s stock valued at $1,204,000 after purchasing an additional 273 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of First Trust Morningstar Dividend Leaders Index by 0.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 88,072 shares of the exchange traded fund’s stock valued at $3,131,000 after buying an additional 346 shares in the last quarter. Mission Creek Capital Partners Inc. lifted its holdings in shares of First Trust Morningstar Dividend Leaders Index by 0.8% in the 1st quarter. Mission Creek Capital Partners Inc. now owns 44,113 shares of the exchange traded fund’s stock valued at $1,652,000 after acquiring an additional 359 shares during the last quarter. Prospera Financial Services Inc grew its position in First Trust Morningstar Dividend Leaders Index by 2.6% in the first quarter. Prospera Financial Services Inc now owns 21,669 shares of the exchange traded fund’s stock worth $811,000 after acquiring an additional 541 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in First Trust Morningstar Dividend Leaders Index by 16.5% during the first quarter. Benjamin Edwards Inc. now owns 4,399 shares of the exchange traded fund’s stock worth $165,000 after acquiring an additional 623 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA FDL opened at $34.40 on Friday. The business’s 50 day moving average price is $36.19 and its 200-day moving average price is $36.79. First Trust Morningstar Dividend Leaders Index has a fifty-two week low of $32.76 and a fifty-two week high of $39.24.

First Trust Morningstar Dividend Leaders Index Company Profile

(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.

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

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