Stratos Wealth Advisors LLC Purchases 6,148 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Stratos Wealth Advisors LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 169,913 shares of the company’s stock after buying an additional 6,148 shares during the period. Stratos Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $10,049,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Sugarloaf Wealth Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $40,000. Eastern Bank purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $57,000. Blue Trust Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after purchasing an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC raised its holdings in 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.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.4 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $62.47 on Wednesday. The company has a market cap of $13.61 billion, a P/E ratio of 10.08 and a beta of 1.15. The firm’s 50 day moving average price is $61.43 and its 200-day moving average price is $59.67. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given 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.