The First Trust Morningstar Dividend Leaders Index Fund ETF (AMEX:FDL) is seeing unusually high volume in afternoon trading Tuesday, with over 746,000 shares traded versus three month average volume of about 62,000. Shares of FDL were up about 0.3% on the day.
Components of that ETF with the highest volume on Tuesday were AT&T (NYSE:T), trading up about 0.3% with over 11.6 million shares changing hands so far this session, and Verizon Communications (NYSE:VZ), up about 0.4% on volume of over 9.0 million shares. Cal-maine Foods (NASDAQ:CALM) is the component faring the best Tuesday, up by about 5% on the day, while Firstenergy (NYSE:FE) is lagging other components of the First Trust Morningstar Dividend Leaders Index Fund ETF, trading relatively unchanged.
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