Flynn Zito Capital Management LLC Has $607,000 Stock Position in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

Flynn Zito Capital Management LLC lowered its position in shares of First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 19.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,916 shares of the exchange traded fund’s stock after selling 4,089 shares during the quarter. Flynn Zito Capital Management LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $607,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. CENTRAL TRUST Co bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter worth $29,000. Tower Research Capital LLC TRC increased its position in shares of First Trust Morningstar Dividend Leaders Index by 541.0% in the first quarter. Tower Research Capital LLC TRC now owns 859 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 725 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the second quarter worth $50,000. Whittier Trust Co. bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the third quarter worth $67,000. Finally, Fortis Capital Advisors LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index in the fourth quarter worth $91,000.

First Trust Morningstar Dividend Leaders Index Price Performance

NYSEARCA:FDL traded up $0.10 during trading hours on Thursday, hitting $36.62. The company’s stock had a trading volume of 1,140,731 shares, compared to its average volume of 812,459. The stock has a fifty day simple moving average of $37.14 and a 200-day simple moving average of $35.47. The company has a market capitalization of $3.86 billion, a P/E ratio of 12.41 and a beta of 0.73. First Trust Morningstar Dividend Leaders Index has a twelve month low of $31.47 and a twelve month high of $38.54.

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.