Jaffetilchin Investment Partners LLC Sells 194,605 Shares of First Trust Morningstar Divid Ledr (FDL)

Jaffetilchin Investment Partners LLC reduced its stake in shares of First Trust Morningstar Divid Ledr (NYSEARCA:FDL) by 34.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,768 shares of the exchange traded fund’s stock after selling 194,605 shares during the period. First Trust Morningstar Divid Ledr accounts for approximately 3.7% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 3rd biggest holding. Jaffetilchin Investment Partners LLC’s holdings in First Trust Morningstar Divid Ledr were worth $11,096,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Ladenburg Thalmann Financial Services Inc. raised its holdings in First Trust Morningstar Divid Ledr by 9.1% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,000,669 shares of the exchange traded fund’s stock valued at $29,040,000 after buying an additional 83,221 shares in the last quarter. Private Advisor Group LLC grew its position in First Trust Morningstar Divid Ledr by 1.2% during the third quarter. Private Advisor Group LLC now owns 248,506 shares of the exchange traded fund’s stock worth $7,245,000 after buying an additional 2,988 shares in the last quarter. B. Riley Financial Inc. acquired a new stake in First Trust Morningstar Divid Ledr during the third quarter worth about $1,633,000. Finally, Jane Street Group LLC grew its position in First Trust Morningstar Divid Ledr by 65.3% during the third quarter. Jane Street Group LLC now owns 49,731 shares of the exchange traded fund’s stock worth $1,443,000 after buying an additional 19,641 shares in the last quarter.

First Trust Morningstar Divid Ledr (FDL) traded down $0.05 during mid-day trading on Wednesday, reaching $30.34. The company had a trading volume of 257,200 shares, compared to its average volume of 384,933. First Trust Morningstar Divid Ledr has a fifty-two week low of $27.63 and a fifty-two week high of $30.56.

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 22nd were given a dividend of $0.2894 per share. The ex-dividend date of this dividend was Thursday, December 21st. This is an increase from First Trust Morningstar Divid Ledr’s previous quarterly dividend of $0.21. This represents a $1.16 dividend on an annualized basis and a yield of 3.82%.

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First Trust Morningstar Divid Ledr 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 Divid Ledr (NYSEARCA:FDL)

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