Partnervest Advisory Services LLC Sells 2,771 Shares of First Trust Morningstar Dividend Leaders Index (FDL)

Partnervest Advisory Services LLC trimmed its stake in First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL) by 16.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,159 shares of the exchange traded fund’s stock after selling 2,771 shares during the quarter. Partnervest Advisory Services LLC’s holdings in First Trust Morningstar Dividend Leaders Index were worth $405,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bedel Financial Consulting Inc. acquired a new position in shares of First Trust Morningstar Dividend Leaders Index in the 1st quarter worth $122,000. NEXT Financial Group Inc purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the first quarter valued at $201,000. High Falls Advisors Inc grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 21.2% during the first quarter. High Falls Advisors Inc now owns 10,889 shares of the exchange traded fund’s stock valued at $307,000 after buying an additional 1,901 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of First Trust Morningstar Dividend Leaders Index by 19.0% during the first quarter. Citadel Advisors LLC now owns 12,717 shares of the exchange traded fund’s stock valued at $359,000 after buying an additional 2,029 shares in the last quarter. Finally, Trust Department MB Financial Bank N A purchased a new position in shares of First Trust Morningstar Dividend Leaders Index during the second quarter valued at $377,000.

Shares of First Trust Morningstar Dividend Leaders Index opened at $29.31 on Monday, Marketbeat Ratings reports. First Trust Morningstar Dividend Leaders Index has a 1-year low of $27.37 and a 1-year high of $31.14.

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.

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Institutional Ownership by Quarter for First Trust Morningstar Dividend Leaders Index (NYSEARCA:FDL)

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