Cetera Advisor Networks LLC Reduces Holdings in First Trust Morningstar Dividend Leaders Index (FDL)

Cetera Advisor Networks LLC cut its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 25.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,380 shares of the exchange traded fund’s stock after selling 16,147 shares during the quarter. Cetera Advisor Networks LLC owned about 0.09% of First Trust Morningstar Dividend Leaders Index worth $1,399,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Capital Investment Advisory Services LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter worth about $64,000. Global Retirement Partners LLC raised its position in First Trust Morningstar Dividend Leaders Index by 90.9% in the fourth quarter. Global Retirement Partners LLC now owns 3,241 shares of the exchange traded fund’s stock worth $88,000 after acquiring an additional 1,543 shares in the last quarter. Pinnacle Bank bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter worth about $126,000. Genesee Capital Advisors LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the fourth quarter worth about $133,000. Finally, Harwood Advisory Group LLC bought a new stake in First Trust Morningstar Dividend Leaders Index in the first quarter worth about $207,000.

Shares of First Trust Morningstar Dividend Leaders Index stock opened at $30.17 on Thursday. First Trust Morningstar Dividend Leaders Index has a 52 week low of $25.76 and a 52 week high of $30.59.

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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.

See Also: Economic Reports

Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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