C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 61,164 First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 61,164 shares of the company’s stock, valued at approximately $3,622,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MGO One Seven LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% during the fourth quarter. MGO One Seven LLC now owns 34,453 shares of the company’s stock worth $1,780,000 after acquiring an additional 757 shares in the last quarter. Barometer Capital Management Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 57.9% during the fourth quarter. Barometer Capital Management Inc. now owns 16,110 shares of the company’s stock worth $832,000 after acquiring an additional 5,910 shares in the last quarter. Kestra Advisory Services LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 17.6% during the fourth quarter. Kestra Advisory Services LLC now owns 2,165,333 shares of the company’s stock worth $111,883,000 after acquiring an additional 324,217 shares in the last quarter. Gallagher Fiduciary Advisors LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 413.1% during the fourth quarter. Gallagher Fiduciary Advisors LLC now owns 33,781 shares of the company’s stock worth $1,745,000 after acquiring an additional 27,197 shares in the last quarter. Finally, Harbour Investments Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 11.1% during the fourth quarter. Harbour Investments Inc. now owns 524,830 shares of the company’s stock worth $27,118,000 after acquiring an additional 52,344 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ:RDVY opened at $58.92 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a one year low of $43.30 and a one year high of $59.62. The firm has a 50-day moving average of $57.35 and a 200-day moving average of $55.91. The company has a market cap of $12.04 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, September 26th.

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.