First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by Financial Services Advisory Inc

Financial Services Advisory Inc boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 14,883 shares of the company’s stock after acquiring an additional 170 shares during the period. Financial Services Advisory Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $881,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Kingswood Wealth Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 3.5% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock worth $305,000 after purchasing an additional 186 shares during the last quarter. Arkadios Wealth Advisors lifted its position in First Trust NASDAQ Rising Dividend Achievers by 0.3% in the second quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock worth $3,904,000 after purchasing an additional 228 shares during the period. Old Port Advisors raised its stake in First Trust NASDAQ Rising Dividend Achievers by 3.9% during the second quarter. Old Port Advisors now owns 6,728 shares of the company’s stock worth $368,000 after acquiring an additional 250 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in First Trust NASDAQ Rising Dividend Achievers by 54.2% in the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock worth $40,000 after purchasing an additional 260 shares during the period. Finally, Alliance Wealth Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.5% during the second quarter. Alliance Wealth Advisors LLC now owns 52,867 shares of the company’s stock worth $2,894,000 after buying an additional 267 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $63.38 on Thursday. The stock has a 50-day simple moving average of $58.86 and a 200 day simple moving average of $56.66. The company has a market cap of $13.07 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $45.15 and a 52-week high of $63.51.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

First Trust NASDAQ Rising Dividend Achievers 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.