First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 143,987 shares of the company’s stock after acquiring an additional 15,651 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 1.2% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 20th biggest position. Redhawk Wealth Advisors Inc. owned approximately 0.07% of First Trust NASDAQ Rising Dividend Achievers worth $8,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in RDVY. Spectrum Wealth Advisory Group LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at about $12,392,000. D.A. Davidson & CO. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after acquiring an additional 29,294 shares during the last quarter. Claro Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after purchasing an additional 14,235 shares in the last quarter. Elios Financial Group Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth approximately $6,731,000. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 356,723 shares of the company’s stock worth $19,531,000 after purchasing an additional 12,417 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $61.67 on Thursday. The firm has a market cap of $13.25 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $49.60 and a 12 month high of $64.63. The firm has a 50 day simple moving average of $61.50 and a 200 day simple moving average of $59.03.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

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.