First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) Stock Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,034,606 shares of the exchange traded fund’s stock after purchasing an additional 17,508 shares during the period. JPMorgan Chase & Co.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $41,653,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. US Bancorp DE raised its position in First Trust Morningstar Dividend Leaders Index by 34.3% in the fourth quarter. US Bancorp DE now owns 40,165 shares of the exchange traded fund’s stock worth $1,617,000 after acquiring an additional 10,268 shares in the last quarter. Valley National Advisers Inc. raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 33.6% in the 4th quarter. Valley National Advisers Inc. now owns 3,386 shares of the exchange traded fund’s stock worth $135,000 after purchasing an additional 852 shares in the last quarter. FMR LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 67.8% during the third quarter. FMR LLC now owns 23,074 shares of the exchange traded fund’s stock valued at $968,000 after purchasing an additional 9,320 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in First Trust Morningstar Dividend Leaders Index by 11.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 21,990 shares of the exchange traded fund’s stock valued at $885,000 after purchasing an additional 2,248 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in First Trust Morningstar Dividend Leaders Index by 84.0% during the fourth quarter. Blue Trust Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $81,000 after buying an additional 913 shares in the last quarter.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of NYSEARCA:FDL opened at $39.45 on Monday. The company has a market capitalization of $4.87 billion, a PE ratio of 17.19 and a beta of 0.77. The stock has a fifty day moving average of $42.74 and a 200-day moving average of $42.06. First Trust Morningstar Dividend Leaders Index has a one year low of $36.31 and a one year high of $44.35.

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.