Stifel Financial Corp trimmed its position in First Trust Morningstar Divid Ledr (NYSEARCA:FDL) by 11.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,435 shares of the exchange traded fund’s stock after selling 3,903 shares during the period. Stifel Financial Corp owned approximately 0.05% of First Trust Morningstar Divid Ledr worth $859,000 at the end of the most recent quarter.
Shares of First Trust Morningstar Divid Ledr (FDL) opened at $30.11 on Thursday. First Trust Morningstar Divid Ledr has a twelve month low of $27.63 and a twelve month high of $30.56.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 22nd will be issued a dividend of $0.2894 per share. This represents a $1.16 annualized dividend and a yield of 3.85%. The ex-dividend date is Thursday, December 21st. This is a positive change from First Trust Morningstar Divid Ledr’s previous quarterly dividend of $0.21.
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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