First Trust Morningstar Dividend Leaders Index (FDL) Position Boosted by Jane Street Group LLC

Jane Street Group LLC raised its holdings in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 15.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,005 shares of the exchange traded fund’s stock after buying an additional 3,021 shares during the quarter. Jane Street Group LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $658,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Jaffetilchin Investment Partners LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 1.8% in the second quarter. Jaffetilchin Investment Partners LLC now owns 615,129 shares of the exchange traded fund’s stock valued at $17,587,000 after buying an additional 10,706 shares during the period. Northwest Wealth Management LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the second quarter valued at approximately $1,289,000. Royal Bank of Canada lifted its stake in First Trust Morningstar Dividend Leaders Index by 17.5% in the first quarter. Royal Bank of Canada now owns 600,819 shares of the exchange traded fund’s stock valued at $16,961,000 after buying an additional 89,565 shares during the period. GWM Advisors LLC lifted its stake in First Trust Morningstar Dividend Leaders Index by 33.1% in the second quarter. GWM Advisors LLC now owns 37,103 shares of the exchange traded fund’s stock valued at $1,057,000 after buying an additional 9,231 shares during the period. Finally, Cornerstone Wealth Management LLC acquired a new position in First Trust Morningstar Dividend Leaders Index in the second quarter valued at approximately $5,802,000.

Shares of FDL opened at $29.64 on Thursday. First Trust Morningstar Dividend Leaders Index has a 52-week low of $27.37 and a 52-week high of $31.14.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Stockholders of record on Monday, September 17th were issued a dividend of $0.2416 per share. The ex-dividend date was Friday, September 14th. This represents a $0.97 annualized dividend and a dividend yield of 3.26%.

About First Trust Morningstar Dividend Leaders Index

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 Dividend Leaders Index (NYSEARCA:FDL)

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