Ascension Capital Advisors Inc. Has $30.65 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ascension Capital Advisors Inc. boosted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 517,665 shares of the company’s stock after acquiring an additional 29,254 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for 14.3% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its largest holding. Ascension Capital Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $30,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after buying an additional 6,687,924 shares in the last quarter. Cetera Investment Advisers grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 178.5% in the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock worth $127,174,000 after purchasing an additional 1,451,045 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock valued at $376,283,000 after purchasing an additional 1,084,117 shares in the last quarter. LPL Financial LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock valued at $1,060,656,000 after purchasing an additional 687,098 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after purchasing an additional 596,099 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $63.38 on Thursday. The business has a 50-day simple moving average of $58.86 and a 200 day simple moving average of $56.66. The firm has a market capitalization of $13.07 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $45.15 and a one year high of $63.51.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date was Thursday, September 26th.

First Trust NASDAQ Rising Dividend Achievers Company Profile

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.