Creative Financial Designs Inc. ADV Has $1.01 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Creative Financial Designs Inc. ADV grew its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 153.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 16,968 shares of the company’s stock after purchasing an additional 10,280 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,005,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Consolidated Portfolio Review Corp grew its stake in First Trust NASDAQ Rising Dividend Achievers by 7.9% in the second quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock valued at $6,463,000 after purchasing an additional 8,618 shares in the last quarter. Blair William & Co. IL increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 9.3% during the first quarter. Blair William & Co. IL now owns 351,981 shares of the company’s stock worth $19,771,000 after buying an additional 30,086 shares during the last quarter. Williams Financial LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth $765,000. Atria Investments Inc raised its position in First Trust NASDAQ Rising Dividend Achievers by 28.0% during the first quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock worth $5,485,000 after acquiring an additional 21,379 shares in the last quarter. Finally, Atomi Financial Group Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at $624,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $58.87 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $44.67 and a 52-week high of $60.94. The stock has a market cap of $12.14 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The firm’s 50-day moving average is $58.69 and its 200-day moving average is $56.48.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.30%.

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.