PFG Advisors Has $11.88 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

PFG Advisors lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 7.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 200,831 shares of the company’s stock after buying an additional 13,344 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises 0.7% of PFG Advisors’ holdings, making the stock its 28th largest position. PFG Advisors’ holdings in First Trust NASDAQ Rising Dividend Achievers were worth $11,877,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. HighTower Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the 4th quarter. HighTower Advisors LLC now owns 1,320,075 shares of the company’s stock worth $78,069,000 after buying an additional 52,793 shares during the last quarter. Moors & Cabot Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 65.8% during the 4th quarter. Moors & Cabot Inc. now owns 7,587 shares of the company’s stock worth $449,000 after buying an additional 3,012 shares during the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5.1% during the 4th quarter. Citizens Financial Group Inc. RI now owns 6,666 shares of the company’s stock worth $394,000 after buying an additional 321 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $15,446,000. Finally, Paragon Private Wealth Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 7.6% during the 4th quarter. Paragon Private Wealth Management LLC now owns 12,984 shares of the company’s stock worth $768,000 after buying an additional 914 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $58.05 on Wednesday. The firm has a 50-day moving average of $61.36 and a 200-day moving average of $60.57. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year high of $64.63. The company has a market cap of $13.09 billion, a price-to-earnings ratio of 14.78 and a beta of 1.14.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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