Private Advisor Group LLC Purchases 28,765 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Private Advisor Group LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,639,849 shares of the company’s stock after buying an additional 28,765 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises about 0.6% of Private Advisor Group LLC’s portfolio, making the stock its 25th largest position. Private Advisor Group LLC owned about 0.80% of First Trust NASDAQ Rising Dividend Achievers worth $97,095,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RDVY. ODonnell Financial Services LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $8,268,000. Hofer & Associates. Inc bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth $208,000. Foundations Investment Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 21.8% in the third quarter. Foundations Investment Advisors LLC now owns 279,261 shares of the company’s stock valued at $16,535,000 after buying an additional 49,950 shares in the last quarter. Integrity Financial Corp WA grew its position in First Trust NASDAQ Rising Dividend Achievers by 2.3% in the third quarter. Integrity Financial Corp WA now owns 118,537 shares of the company’s stock valued at $7,019,000 after acquiring an additional 2,634 shares during the last quarter. Finally, Denver Wealth Management Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 0.4% in the third quarter. Denver Wealth Management Inc. now owns 122,068 shares of the company’s stock valued at $7,228,000 after acquiring an additional 451 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %

RDVY stock opened at $59.71 on Wednesday. The firm has a 50-day moving average price of $58.30 and a 200-day moving average price of $56.23. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.94. The stock has a market capitalization of $12.24 billion, a P/E ratio of 10.08 and a beta of 1.15.

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 paid a $0.1912 dividend. This represents a $0.76 annualized dividend and a yield of 1.28%. The ex-dividend date 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.