Ascension Capital Advisors Inc. Buys 11,003 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ascension Capital Advisors Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 528,668 shares of the company’s stock after buying an additional 11,003 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up 13.6% of Ascension Capital Advisors Inc.’s holdings, making the stock its biggest holding. Ascension Capital Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $31,265,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Spectrum Wealth Advisory Group LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $12,392,000. D.A. Davidson & CO. increased its position in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after acquiring an additional 29,294 shares during the period. Elios Financial Group Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at $6,731,000. Claro Advisors LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% during the third quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after acquiring an additional 14,235 shares during the last quarter. Finally, ORG Partners LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% during the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock worth $11,953,000 after purchasing an additional 145,866 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ RDVY opened at $61.36 on Wednesday. The company has a market capitalization of $13.39 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.26 and a twelve month high of $64.63. The stock has a fifty day simple moving average of $61.25 and a 200 day simple moving average of $60.34.

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.

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.