Centennial Wealth Advisory LLC Takes $202,000 Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Centennial Wealth Advisory LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 3,418 shares of the company’s stock, valued at approximately $202,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after buying an additional 494 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 14.1% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 218,413 shares of the company’s stock worth $12,268,000 after acquiring an additional 26,967 shares in the last quarter. Atomi Financial Group Inc. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter valued at approximately $624,000. Concurrent Investment Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.5% during the first quarter. Concurrent Investment Advisors LLC now owns 203,205 shares of the company’s stock valued at $11,414,000 after purchasing an additional 31,672 shares in the last quarter. Finally, Capital Square LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter valued at approximately $297,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $63.38 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $45.15 and a 1-year high of $63.51. The stock has a market capitalization of $13.07 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a fifty day moving average price of $58.86 and a 200-day moving average price of $56.66.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a yield of 1.21%. The ex-dividend date was Thursday, September 26th.

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.