Strategic Financial Concepts LLC Acquires New Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Strategic Financial Concepts LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 36,268 shares of the company’s stock, valued at approximately $2,145,000.

Several other institutional investors also recently modified their holdings of RDVY. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at about $40,000. Sound Income Strategies LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $40,000. Eastern Bank bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $57,000. Blue Trust Inc. raised its stake in shares of 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 buying an additional 1,179 shares during the period. 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 buying an additional 182 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.4 %

NASDAQ RDVY opened at $62.34 on Tuesday. The stock’s 50-day moving average price is $61.31 and its 200-day moving average price is $59.82. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.24 and a 52 week high of $64.63. The company has a market capitalization of $13.60 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 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.