National Wealth Management Group LLC Purchases 3,582 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

National Wealth Management Group LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 80.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,041 shares of the company’s stock after purchasing an additional 3,582 shares during the period. National Wealth Management Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $476,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Financial Services Advisory Inc lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after purchasing an additional 170 shares during the last quarter. Crewe Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after purchasing an additional 182 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 3.5% during the second quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock worth $305,000 after purchasing an additional 186 shares during the last quarter. L & S Advisors Inc lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after acquiring an additional 197 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock valued at $3,904,000 after acquiring an additional 228 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.1 %

NASDAQ RDVY opened at $64.06 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $47.18 and a 1-year high of $64.63. The stock has a 50-day moving average of $60.56 and a 200-day moving average of $57.57. The firm has a market cap of $13.21 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 announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Thursday, September 26th.

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.