Stephens Inc. AR raised its stake in First Trust Morningstar Divid Ledr (NYSE:FDL) by 4.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 244,340 shares of the exchange traded fund’s stock after acquiring an additional 11,160 shares during the quarter. Stephens Inc. AR’s holdings in First Trust Morningstar Divid Ledr were worth $6,873,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wedbush Securities Inc. raised its holdings in shares of First Trust Morningstar Divid Ledr by 20.3% in the second quarter. Wedbush Securities Inc. now owns 8,982 shares of the exchange traded fund’s stock worth $253,000 after acquiring an additional 1,514 shares during the last quarter. Penserra Capital Management LLC acquired a new position in shares of First Trust Morningstar Divid Ledr in the second quarter worth $254,000. Benjamin F. Edwards & Company Inc. raised its holdings in shares of First Trust Morningstar Divid Ledr by 11.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,626 shares of the exchange traded fund’s stock worth $271,000 after acquiring an additional 968 shares during the last quarter. Cutter & CO Brokerage Inc. raised its holdings in shares of First Trust Morningstar Divid Ledr by 1.7% in the second quarter. Cutter & CO Brokerage Inc. now owns 11,960 shares of the exchange traded fund’s stock worth $336,000 after acquiring an additional 200 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of First Trust Morningstar Divid Ledr by 5.5% in the second quarter. Bank of New York Mellon Corp now owns 13,171 shares of the exchange traded fund’s stock worth $371,000 after acquiring an additional 684 shares during the last quarter.

First Trust Morningstar Divid Ledr (FDL) traded up 0.69% during trading on Monday, hitting $28.42. The stock had a trading volume of 62,395 shares. The firm’s 50-day moving average price is $28.32 and its 200-day moving average price is $28.56. First Trust Morningstar Divid Ledr has a 1-year low of $26.08 and a 1-year high of $29.47.

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First Trust Morningstar Divid Ledr 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.

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Institutional Ownership by Quarter for First Trust Morningstar Divid Ledr (NYSE:FDL)

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