Allworth Financial LP reduced its position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 4.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,826 shares of the exchange traded fund’s stock after selling 6,632 shares during the quarter. Allworth Financial LP owned approximately 0.28% of First Trust Morningstar Dividend Leaders Index worth $4,744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of FDL. Wells Fargo & Company MN boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 3.2% in the first quarter. Wells Fargo & Company MN now owns 1,525,361 shares of the exchange traded fund’s stock worth $46,005,000 after purchasing an additional 47,607 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 12.9% in the first quarter. Commonwealth Equity Services LLC now owns 253,809 shares of the exchange traded fund’s stock worth $7,654,000 after purchasing an additional 29,020 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 240.0% in the first quarter. Wealthcare Advisory Partners LLC now owns 4,679 shares of the exchange traded fund’s stock worth $141,000 after purchasing an additional 3,303 shares during the period. GWM Advisors LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 5.8% in the first quarter. GWM Advisors LLC now owns 39,498 shares of the exchange traded fund’s stock worth $1,191,000 after purchasing an additional 2,154 shares during the period. Finally, SNS Financial Group LLC boosted its position in shares of First Trust Morningstar Dividend Leaders Index by 8.3% in the first quarter. SNS Financial Group LLC now owns 17,530 shares of the exchange traded fund’s stock worth $529,000 after purchasing an additional 1,342 shares during the period.

Shares of FDL traded up $0.20 during mid-day trading on Wednesday, reaching $30.14. The stock had a trading volume of 300,600 shares, compared to its average volume of 183,154. First Trust Morningstar Dividend Leaders Index has a 12 month low of $25.76 and a 12 month high of $31.65. The business has a fifty day moving average of $30.47 and a 200 day moving average of $30.37.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.3821 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a dividend yield of 3.5%.

About First Trust Morningstar Dividend Leaders Index

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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