First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Holdings Raised by HFG Advisors Inc.

HFG Advisors Inc. increased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 92,199 shares of the company’s stock after purchasing an additional 5,234 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for 4.6% of HFG Advisors Inc.’s portfolio, making the stock its 3rd largest position. HFG Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,179,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,519.6% during the 4th quarter. International Assets Investment Management LLC now owns 6,615,517 shares of the company’s stock valued at $341,824,000 after purchasing an additional 6,497,795 shares during the period. Global Assets Advisory LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% in the 1st quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after purchasing an additional 4,138,153 shares in the last quarter. Morgan Stanley lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 8.1% in the 3rd quarter. Morgan Stanley now owns 12,995,589 shares of the company’s stock worth $597,147,000 after purchasing an additional 969,819 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 30.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 3,989,267 shares of the company’s stock worth $206,125,000 after purchasing an additional 933,923 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 10.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 5,803,282 shares of the company’s stock worth $299,856,000 after purchasing an additional 557,879 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded down $0.03 during trading hours on Monday, reaching $54.72. The company’s stock had a trading volume of 364,157 shares, compared to its average volume of 737,493. The firm has a 50 day moving average price of $54.74 and a 200-day moving average price of $53.41. First Trust NASDAQ Rising Dividend Achievers has a one year low of $43.30 and a one year high of $56.28. The stock has a market cap of $10.36 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a $0.2616 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.91%.

About First Trust NASDAQ Rising Dividend Achievers

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.