Stratos Wealth Partners LTD. Increases Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Stratos Wealth Partners LTD. increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 427,249 shares of the company’s stock after purchasing an additional 10,547 shares during the period. Stratos Wealth Partners LTD.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $25,268,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Miracle Mile Advisors LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at $218,000. Ignite Planners LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 10.2% in the third quarter. Ignite Planners LLC now owns 17,146 shares of the company’s stock worth $1,015,000 after acquiring an additional 1,592 shares during the period. Atomi Financial Group Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 8.3% during the 3rd quarter. Atomi Financial Group Inc. now owns 12,896 shares of the company’s stock valued at $764,000 after purchasing an additional 983 shares during the last quarter. City Holding Co. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 21.2% in the 3rd quarter. City Holding Co. now owns 96,220 shares of the company’s stock worth $5,696,000 after purchasing an additional 16,846 shares during the period. Finally, Brookstone Capital Management boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 394.1% in the third quarter. Brookstone Capital Management now owns 18,237 shares of the company’s stock worth $1,080,000 after buying an additional 14,546 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.4 %

Shares of RDVY stock opened at $62.47 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63. The stock has a market cap of $13.61 billion, a P/E ratio of 10.08 and a beta of 1.15. The company has a 50 day simple moving average of $61.43 and a two-hundred day simple moving average of $59.67.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

About First Trust NASDAQ Rising Dividend Achievers

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.