J.W. Cole Advisors Inc. Purchases 1,351 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

J.W. Cole Advisors Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 69,797 shares of the company’s stock after buying an additional 1,351 shares during the period. J.W. Cole Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,133,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RDVY. SteelPeak Wealth LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.6% in the first quarter. SteelPeak Wealth LLC now owns 38,192 shares of the company’s stock worth $2,145,000 after buying an additional 223 shares in the last quarter. HFG Advisors Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 6.0% in the first quarter. HFG Advisors Inc. now owns 92,199 shares of the company’s stock worth $5,179,000 after buying an additional 5,234 shares in the last quarter. Claro Advisors LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the first quarter. Claro Advisors LLC now owns 46,095 shares of the company’s stock worth $2,589,000 after buying an additional 529 shares in the last quarter. WESPAC Advisors SoCal LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% in the first quarter. WESPAC Advisors SoCal LLC now owns 40,275 shares of the company’s stock worth $2,262,000 after buying an additional 1,567 shares in the last quarter. Finally, tru Independence LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 19.6% in the first quarter. tru Independence LLC now owns 130,761 shares of the company’s stock worth $7,345,000 after buying an additional 21,436 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.5 %

Shares of NASDAQ RDVY traded down $0.29 during midday trading on Friday, hitting $59.20. The stock had a trading volume of 573,792 shares, compared to its average volume of 718,550. The business’s 50 day moving average is $58.48 and its 200-day moving average is $56.31. The company has a market cap of $12.16 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $43.30 and a 52 week high of $60.94.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1912 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a yield of 1.29%.

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.