GAMMA Investing LLC Invests $93,000 in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

GAMMA Investing LLC bought a new position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 2,565 shares of the exchange traded fund’s stock, valued at approximately $93,000.

A number of other large investors have also recently made changes to their positions in the business. International Assets Investment Management LLC grew its holdings in First Trust Morningstar Dividend Leaders Index by 4,153.7% during the 4th quarter. International Assets Investment Management LLC now owns 4,647,283 shares of the exchange traded fund’s stock valued at $166,745,000 after purchasing an additional 4,538,031 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in First Trust Morningstar Dividend Leaders Index by 6.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,565,995 shares of the exchange traded fund’s stock valued at $85,829,000 after purchasing an additional 163,492 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in First Trust Morningstar Dividend Leaders Index during the 3rd quarter valued at about $4,625,000. Wetzel Investment Advisors Inc. bought a new position in First Trust Morningstar Dividend Leaders Index during the 4th quarter valued at about $4,065,000. Finally, Advisor Resource Council grew its holdings in First Trust Morningstar Dividend Leaders Index by 390.7% during the 4th quarter. Advisor Resource Council now owns 116,104 shares of the exchange traded fund’s stock valued at $4,166,000 after purchasing an additional 92,444 shares during the last quarter.

First Trust Morningstar Dividend Leaders Index Price Performance

First Trust Morningstar Dividend Leaders Index stock opened at $37.59 on Tuesday. The stock has a market cap of $3.97 billion, a price-to-earnings ratio of 12.41 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a 1 year low of $31.47 and a 1 year high of $38.54. The firm has a 50-day moving average of $37.35 and a two-hundred day moving average of $35.74.

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.