HBW Advisory Services LLC Increases Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

HBW Advisory Services LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 103,495 shares of the company’s stock after purchasing an additional 856 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 0.9% of HBW Advisory Services LLC’s investment portfolio, making the stock its 27th biggest position. HBW Advisory Services LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $6,121,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Financial Services Advisory Inc boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after purchasing an additional 170 shares during the period. Crewe Advisors LLC boosted its holdings in shares of 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 valued at $97,000 after purchasing an additional 182 shares during the period. L & S Advisors Inc boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after purchasing an additional 197 shares during the period. Wills Financial Group Inc. boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. Wills Financial Group Inc. now owns 4,544 shares of the company’s stock valued at $269,000 after purchasing an additional 213 shares during the period. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% in the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock valued at $40,000 after purchasing an additional 260 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.4 %

Shares of NASDAQ RDVY traded down $0.85 during trading hours on Friday, reaching $59.01. The stock had a trading volume of 839,293 shares, compared to its average volume of 835,295. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $49.60 and a 52-week high of $64.63. The business’s fifty day moving average price is $61.50 and its two-hundred day moving average price is $58.85.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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 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.