First Trust Morningstar Dividend Leaders Index Fund (NYSEARCA:FDL – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $44.73 and traded as high as $51.30. First Trust Morningstar Dividend Leaders Index Fund shares last traded at $50.93, with a volume of 999,712 shares.
First Trust Morningstar Dividend Leaders Index Fund Price Performance
The business has a 50 day moving average of $46.91 and a 200 day moving average of $44.73. The firm has a market capitalization of $7.07 billion, a price-to-earnings ratio of 13.96 and a beta of 0.73.
Institutional Trading of First Trust Morningstar Dividend Leaders Index Fund
Institutional investors and hedge funds have recently modified their holdings of the stock. GoalVest Advisory LLC bought a new position in First Trust Morningstar Dividend Leaders Index Fund during the 3rd quarter worth approximately $30,000. Providence Capital Advisors LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index Fund in the fourth quarter worth $37,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in First Trust Morningstar Dividend Leaders Index Fund in the fourth quarter worth $37,000. First Command Advisory Services Inc. bought a new position in shares of First Trust Morningstar Dividend Leaders Index Fund during the fourth quarter worth $38,000. Finally, CX Institutional acquired a new position in shares of First Trust Morningstar Dividend Leaders Index Fund in the 3rd quarter valued at $39,000.
First Trust Morningstar Dividend Leaders Index Fund 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. The objective of the Index is to offer investors a benchmark for dividend portfolios, as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends, as well as the ability to sustain them.
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