Clarus Group Inc. Purchases Shares of 6,809 First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Clarus Group Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,809 shares of the exchange traded fund’s stock, valued at approximately $244,000.

Several other institutional investors have also recently added to or reduced their stakes in FDL. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 1st quarter worth $209,000. NewEdge Advisors LLC raised its holdings in shares of First Trust Morningstar Dividend Leaders Index by 33.3% in the 1st quarter. NewEdge Advisors LLC now owns 33,967 shares of the exchange traded fund’s stock worth $1,272,000 after purchasing an additional 8,486 shares during the period. Equitable Holdings Inc. lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 631.8% in the 1st quarter. Equitable Holdings Inc. now owns 67,319 shares of the exchange traded fund’s stock valued at $2,520,000 after purchasing an additional 58,120 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of First Trust Morningstar Dividend Leaders Index by 7.1% in the 1st quarter. First Trust Advisors LP now owns 116,717 shares of the exchange traded fund’s stock valued at $4,370,000 after purchasing an additional 7,740 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index during the 1st quarter worth about $968,000.

First Trust Morningstar Dividend Leaders Index Stock Performance

Shares of NYSEARCA:FDL traded down $0.13 during midday trading on Thursday, hitting $37.38. 533,812 shares of the company’s stock traded hands, compared to its average volume of 801,918. The firm’s fifty day moving average price is $37.10 and its two-hundred day moving average price is $35.37. First Trust Morningstar Dividend Leaders Index has a twelve month low of $31.47 and a twelve month high of $38.54. The company has a market cap of $4.73 billion, a PE ratio of 12.39 and a beta of 0.86.

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.