MGO One Seven LLC Purchases 757 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

MGO One Seven LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,453 shares of the company’s stock after acquiring an additional 757 shares during the quarter. MGO One Seven LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,780,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. VitalStone Financial LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 97.4% in the fourth quarter. VitalStone Financial LLC now owns 4,232 shares of the company’s stock valued at $219,000 after acquiring an additional 2,088 shares during the period. Asset Allocation Strategies LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.5% in the fourth quarter. Asset Allocation Strategies LLC now owns 158,037 shares of the company’s stock valued at $8,166,000 after acquiring an additional 15,039 shares during the period. Traction Financial Partners LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at about $11,411,000. Prudential PLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 107.4% in the fourth quarter. Prudential PLC now owns 73,000 shares of the company’s stock worth $3,772,000 after buying an additional 37,800 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,919,944 shares of the company’s stock worth $150,873,000 after buying an additional 78,257 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.8 %

NASDAQ RDVY opened at $54.13 on Wednesday. The stock’s 50-day moving average price is $54.62 and its 200-day moving average price is $52.85. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $43.30 and a 52 week high of $56.28. The company has a market capitalization of $10.24 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.2238 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.65%. The ex-dividend date was Thursday, March 21st.

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.