N.E.W. Advisory Services LLC Grows Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

N.E.W. Advisory Services LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 96,225 shares of the company’s stock after acquiring an additional 1,506 shares during the period. N.E.W. Advisory Services LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,691,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. LPL Financial LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after buying an additional 953,708 shares during the period. International Assets Investment Management LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after buying an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after buying an additional 596,099 shares during the period. Stifel Financial Corp raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock valued at $99,224,000 after buying an additional 35,479 shares during the period. Finally, Private Advisor Group LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 1.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company’s stock valued at $97,095,000 after purchasing an additional 28,765 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.1 %

Shares of NASDAQ RDVY opened at $62.54 on Friday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The business has a 50 day moving average price of $61.50 and a two-hundred day moving average price of $59.57. The firm has a market cap of $13.60 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. 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.