StoneX Group Inc. Boosts Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

StoneX Group Inc. grew its holdings in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,322 shares of the exchange traded fund’s stock after buying an additional 856 shares during the quarter. StoneX Group Inc.’s holdings in First Trust Morningstar Dividend Leaders Index were worth $811,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FDL. Kingsview Wealth Management LLC boosted its stake in First Trust Morningstar Dividend Leaders Index by 2.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 37,991 shares of the exchange traded fund’s stock valued at $1,594,000 after acquiring an additional 739 shares during the last quarter. Leelyn Smith LLC increased its position in shares of First Trust Morningstar Dividend Leaders Index by 1.5% in the 3rd quarter. Leelyn Smith LLC now owns 155,982 shares of the exchange traded fund’s stock worth $6,543,000 after purchasing an additional 2,319 shares during the last quarter. Nwam LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index in the 3rd quarter valued at about $870,000. Icon Wealth Advisors LLC lifted its position in shares of First Trust Morningstar Dividend Leaders Index by 307.7% during the third quarter. Icon Wealth Advisors LLC now owns 79,991 shares of the exchange traded fund’s stock worth $3,356,000 after purchasing an additional 60,371 shares during the last quarter. Finally, CFS Investment Advisory Services LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the third quarter worth about $3,563,000.

First Trust Morningstar Dividend Leaders Index Stock Up 1.2 %

Shares of NYSEARCA FDL opened at $43.34 on Monday. The stock’s 50 day moving average price is $42.05 and its two-hundred day moving average price is $40.28. First Trust Morningstar Dividend Leaders Index has a 52-week low of $33.83 and a 52-week high of $43.37. The stock has a market capitalization of $4.52 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.