175,935 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Acquired by Plotkin Financial Advisors LLC

Plotkin Financial Advisors LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 175,935 shares of the company’s stock, valued at approximately $10,417,000. First Trust NASDAQ Rising Dividend Achievers comprises 6.2% of Plotkin Financial Advisors LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of RDVY. Financial Services Advisory Inc boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after purchasing an additional 170 shares during the period. Crewe Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after purchasing an additional 182 shares during the period. Kingswood Wealth Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.5% during the second quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $305,000 after purchasing an additional 186 shares during the period. L & S Advisors Inc boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after purchasing an additional 197 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.3% during the second quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock valued at $3,904,000 after purchasing an additional 228 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $64.29 on Friday. 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 fifty-two week low of $47.80 and a fifty-two week high of $64.63. The business has a 50 day moving average price of $60.77 and a 200-day moving average price of $57.69.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, September 26th.

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.