First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Position Raised by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,248 shares of the company’s stock after purchasing an additional 1,726 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,338,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,519.6% during the fourth quarter. International Assets Investment Management LLC now owns 6,615,517 shares of the company’s stock valued at $341,824,000 after buying an additional 6,497,795 shares in the last quarter. Morgan Stanley grew its position in First Trust NASDAQ Rising Dividend Achievers by 8.1% during the 3rd quarter. Morgan Stanley now owns 12,995,589 shares of the company’s stock worth $597,147,000 after purchasing an additional 969,819 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 30.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,989,267 shares of the company’s stock valued at $206,125,000 after purchasing an additional 933,923 shares during the period. LPL Financial LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% in the third quarter. LPL Financial LLC now owns 16,132,424 shares of the company’s stock valued at $741,285,000 after purchasing an additional 689,605 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 10.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 5,803,282 shares of the company’s stock worth $299,856,000 after buying an additional 557,879 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.5 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $54.79 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $56.28. The stock has a 50-day moving average price of $54.55 and a 200 day moving average price of $53.04. The company has a market cap of $10.37 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 declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.2238 per share. This represents a $0.90 annualized dividend and a dividend yield of 1.63%. The ex-dividend date was Thursday, March 21st.

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.