First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Position Boosted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 427,249 shares of the company’s stock after acquiring an additional 10,547 shares during the period. Stratos Wealth Partners LTD. owned 0.20% of First Trust NASDAQ Rising Dividend Achievers worth $25,268,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Sugarloaf Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $40,000. Eastern Bank acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $57,000. Blue Trust Inc. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after purchasing an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ:RDVY opened at $62.47 on Wednesday. The company has a market capitalization of $13.61 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63. The business has a fifty day moving average price of $61.43 and a two-hundred day moving average price of $59.67.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

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.