San Luis Wealth Advisors LLC Acquires 4,763 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

San Luis Wealth Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 61,067 shares of the company’s stock after buying an additional 4,763 shares during the period. San Luis Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in RDVY. LPL Financial LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after acquiring an additional 953,708 shares in the last quarter. International Assets Investment Management LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after purchasing an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after buying an additional 596,099 shares in the last quarter. Cetera Investment Advisers raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 10.3% in the 2nd quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock valued at $136,668,000 after buying an additional 232,129 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company’s stock worth $101,994,000 after acquiring an additional 71,047 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $60.56 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $49.60 and a fifty-two week high of $64.63. The company has a market cap of $13.01 billion, a PE ratio of 10.08 and a beta of 1.15. The stock’s fifty day moving average price is $61.54 and its two-hundred day moving average price is $59.01.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.