IFP Advisors Inc Has $2.17 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

IFP Advisors Inc decreased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVYFree Report) by 61.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,987 shares of the company’s stock after selling 67,922 shares during the quarter. IFP Advisors Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,170,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the third quarter worth $29,000. Crewe Advisors LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $47,000. VitalStone Financial LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 40.5% in the third quarter. VitalStone Financial LLC now owns 2,144 shares of the company’s stock valued at $98,000 after buying an additional 618 shares during the period. New Republic Capital LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at approximately $108,000. Finally, Industrial Alliance Investment Management Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $109,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $54.27 on Monday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $42.06 and a 1 year high of $54.83. The company has a market capitalization of $9.85 billion, a price-to-earnings ratio of 9.91 and a beta of 1.15. The business has a fifty day simple moving average of $51.97 and a two-hundred day simple moving average of $49.08.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 29th. Stockholders of record on Tuesday, December 26th were issued a dividend of $0.3421 per share. The ex-dividend date of this dividend was Friday, December 22nd. This is a boost from First Trust NASDAQ Rising Dividend Achievers’s previous dividend of $0.22.

First Trust NASDAQ Rising Dividend Achievers Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

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