Proactive Wealth Strategies LLC Has $3.92 Million Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Proactive Wealth Strategies LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,251 shares of the company’s stock after purchasing an additional 3,697 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 2.0% of Proactive Wealth Strategies LLC’s holdings, making the stock its 9th largest holding. Proactive Wealth Strategies LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,918,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. MBE Wealth Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after acquiring an additional 163 shares during the last quarter. Trueblood Wealth Management LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock worth $723,000 after purchasing an additional 167 shares during the last quarter. Financial Services Advisory Inc raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after buying an additional 170 shares during the last quarter. Crewe Advisors LLC lifted its stake in shares of 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 buying an additional 182 shares during the period. Finally, L & S Advisors Inc grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY opened at $62.64 on Tuesday. The stock has a 50-day moving average of $61.18 and a two-hundred day moving average of $59.98. The stock has a market cap of $13.66 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $51.39 and a one year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend 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.