First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stake Lifted by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.4% during the 4th quarter, Holdings Channel reports. The fund owned 217,899 shares of the company’s stock after acquiring an additional 13,172 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises 1.2% of Silver Oak Securities Incorporated’s portfolio, making the stock its 14th largest holding. Silver Oak Securities Incorporated’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $12,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MBE Wealth Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the 4th quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after acquiring an additional 163 shares in the last quarter. Trueblood Wealth Management LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after acquiring an additional 167 shares in the last quarter. Financial Services Advisory Inc increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd 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 lifted its position 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 in the last quarter. Finally, L & S Advisors Inc boosted its holdings 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 worth $1,146,000 after purchasing an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.88 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63. The firm has a market cap of $13.70 billion, a PE ratio of 10.08 and a beta of 1.15. The firm’s 50 day moving average price is $61.40 and its two-hundred day moving average price is $59.71.

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 paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

About First Trust NASDAQ Rising Dividend Achievers

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.