Silver Oak Securities Incorporated Has $12.07 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Silver Oak Securities Incorporated lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 204,727 shares of the company’s stock after purchasing an additional 11,843 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.3% of Silver Oak Securities Incorporated’s portfolio, making the stock its 12th biggest position. Silver Oak Securities Incorporated’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $12,069,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in RDVY. Park Avenue Securities LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.6% during the 1st quarter. Park Avenue Securities LLC now owns 13,952 shares of the company’s stock valued at $784,000 after purchasing an additional 485 shares in the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 109.7% during the 1st quarter. Pinnacle Bancorp Inc. now owns 1,625 shares of the company’s stock valued at $91,000 after purchasing an additional 850 shares in the last quarter. OneAscent Financial Services LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 11.4% during the 1st quarter. OneAscent Financial Services LLC now owns 14,099 shares of the company’s stock valued at $792,000 after purchasing an additional 1,448 shares in the last quarter. Founders Financial Securities LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 8.0% during the 1st quarter. Founders Financial Securities LLC now owns 36,891 shares of the company’s stock valued at $2,072,000 after purchasing an additional 2,734 shares in the last quarter. Finally, SteelPeak Wealth LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.6% in the first quarter. SteelPeak Wealth LLC now owns 38,192 shares of the company’s stock worth $2,145,000 after acquiring an additional 223 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY opened at $59.49 on Friday. The business’s 50 day simple moving average is $58.43 and its two-hundred day simple moving average is $56.28. The firm has a market cap of $12.22 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $60.94.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.29%.

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.