Goldstone Financial Group LLC Purchases 3,870 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Goldstone Financial Group LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,007 shares of the company’s stock after purchasing an additional 3,870 shares during the period. Goldstone Financial Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,076,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Financial Services Advisory Inc increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after acquiring an additional 170 shares during the last quarter. Crewe Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after purchasing an additional 182 shares in the last quarter. L & S Advisors Inc raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.0% in the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after acquiring an additional 197 shares in the last quarter. Wills Financial Group Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. Wills Financial Group Inc. now owns 4,544 shares of the company’s stock worth $269,000 after purchasing an additional 213 shares during the period. Finally, PFG Investments LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% during the 3rd quarter. PFG Investments LLC now owns 7,426 shares of the company’s stock worth $440,000 after acquiring an additional 285 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $61.88 on Friday. The stock has a market cap of $13.32 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $49.60 and a 1 year high of $64.63. The company has a 50 day simple moving average of $61.49 and a 200 day simple moving average of $59.05.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.