OneAscent Financial Services LLC Acquires 1,448 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

OneAscent Financial Services LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 11.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,099 shares of the company’s stock after buying an additional 1,448 shares during the period. OneAscent Financial Services LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $792,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of RDVY. International Assets Investment Management LLC raised its stake in shares of 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 worth $341,824,000 after buying an additional 6,497,795 shares during the last quarter. Global Assets Advisory LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% in the first quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock valued at $236,813,000 after purchasing an additional 4,138,153 shares in the last quarter. Morgan Stanley increased its stake in First Trust NASDAQ Rising Dividend Achievers by 8.1% in the third quarter. Morgan Stanley now owns 12,995,589 shares of the company’s stock valued at $597,147,000 after purchasing an additional 969,819 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 30.6% in the fourth 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 in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in 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 valued at $299,856,000 after purchasing an additional 557,879 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY opened at $54.75 on Friday. 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 $10.36 billion, a PE ratio of 10.08 and a beta of 1.15. The company has a 50 day moving average price of $54.74 and a two-hundred day moving average price of $53.39.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a $0.2616 dividend. This represents a $1.05 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Thursday, June 27th.

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.