First Trust Morningstar Dividend Leaders Index Fund (NYSEARCA:FDL – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $49.23 and traded as high as $50.37. First Trust Morningstar Dividend Leaders Index Fund shares last traded at $50.03, with a volume of 941,133 shares trading hands.
First Trust Morningstar Dividend Leaders Index Fund Trading Down 0.3%
The stock has a market capitalization of $7.66 billion, a PE ratio of 13.96 and a beta of 0.58. The stock’s fifty day simple moving average is $49.89 and its 200-day simple moving average is $49.28.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Roxbury Financial LLC bought a new position in shares of First Trust Morningstar Dividend Leaders Index Fund in the first quarter worth $32,000. SouthState Bank Corp bought a new position in First Trust Morningstar Dividend Leaders Index Fund in the 1st quarter worth about $32,000. Providence Capital Advisors LLC purchased a new position in First Trust Morningstar Dividend Leaders Index Fund during the 4th quarter valued at about $37,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of First Trust Morningstar Dividend Leaders Index Fund during the fourth quarter valued at about $37,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of First Trust Morningstar Dividend Leaders Index Fund in the fourth quarter worth about $38,000.
About First Trust Morningstar Dividend Leaders Index Fund
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.
Featured Articles
- Five stocks we like better than First Trust Morningstar Dividend Leaders Index Fund
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for First Trust Morningstar Dividend Leaders Index Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Morningstar Dividend Leaders Index Fund and related companies with MarketBeat.com's FREE daily email newsletter.
