Axxcess Wealth Management LLC Has $4.74 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Axxcess Wealth Management LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 22.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 80,020 shares of the company’s stock after purchasing an additional 14,662 shares during the period. Axxcess Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,738,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of RDVY. BNP Paribas Financial Markets lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after buying an additional 494 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $29,000. Kings Path Partners LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $31,000. Russell Investments Group Ltd. bought a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $34,000. Finally, Rothschild Investment LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $62.81 on Monday. The business’s 50 day simple moving average is $59.03 and its 200 day simple moving average is $56.78. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $45.15 and a 52-week high of $63.51. The firm has a market cap of $12.95 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Thursday, September 26th.

First Trust NASDAQ Rising Dividend Achievers 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.