Stratos Wealth Advisors LLC Grows Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Stratos Wealth Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,913 shares of the company’s stock after purchasing an additional 6,148 shares during the period. Stratos Wealth Advisors LLC owned 0.08% of First Trust NASDAQ Rising Dividend Achievers worth $10,049,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Sound Income Strategies LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Sugarloaf Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $57,000. Blue Trust Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after buying an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after acquiring an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $62.47 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The company has a market cap of $13.61 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The business’s 50 day moving average price is $61.43 and its 200-day moving average price is $59.67.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.2956 per share. 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.