Virtu Financial LLC Has $2.14 Million Holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Virtu Financial LLC trimmed its stake in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 70.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,588 shares of the exchange traded fund’s stock after selling 140,120 shares during the quarter. Virtu Financial LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $2,138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. GSA Capital Partners LLP increased its position in First Trust Morningstar Dividend Leaders Index by 3.2% in the 4th quarter. GSA Capital Partners LLP now owns 74,200 shares of the exchange traded fund’s stock valued at $2,662,000 after acquiring an additional 2,318 shares during the period. Icon Wealth Advisors LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index during the fourth quarter worth about $795,000. Bennett Associates Wealth Management acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter worth approximately $3,031,000. XML Financial LLC lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 20.3% in the fourth quarter. XML Financial LLC now owns 9,703 shares of the exchange traded fund’s stock worth $348,000 after acquiring an additional 1,634 shares during the period. Finally, Waterloo Capital L.P. bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter valued at approximately $270,000.

First Trust Morningstar Dividend Leaders Index Stock Down 0.4 %

First Trust Morningstar Dividend Leaders Index stock traded down $0.14 during mid-day trading on Friday, hitting $37.60. 394,255 shares of the stock were exchanged, compared to its average volume of 742,871. First Trust Morningstar Dividend Leaders Index has a 12 month low of $31.47 and a 12 month high of $39.02. The firm’s fifty day simple moving average is $37.90 and its two-hundred day simple moving average is $36.93. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 12.51 and a beta of 0.73.

First Trust Morningstar Dividend Leaders Index Company 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.