Ascension Capital Advisors Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 2.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 528,668 shares of the company's stock after acquiring an additional 11,003 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 13.6% of Ascension Capital Advisors Inc.'s investment portfolio, making the stock its biggest holding. Ascension Capital Advisors Inc. owned approximately 0.24% of First Trust NASDAQ Rising Dividend Achievers worth $31,265,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Spectrum Wealth Advisory Group LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at approximately $12,392,000. D.A. Davidson & CO. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% during the third quarter. D.A. Davidson & CO. now owns 674,180 shares of the company's stock valued at $39,918,000 after acquiring an additional 29,294 shares in the last quarter. Elios Financial Group Inc. bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at approximately $6,731,000. Claro Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 29.3% in the third quarter. Claro Advisors LLC now owns 62,771 shares of the company's stock worth $3,717,000 after buying an additional 14,235 shares in the last quarter. Finally, ORG Partners LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 259.3% in the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company's stock worth $11,953,000 after buying an additional 145,866 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
NASDAQ:RDVY traded up $0.65 during trading hours on Friday, reaching $61.47. The company's stock had a trading volume of 867,618 shares, compared to its average volume of 979,847. The company has a market capitalization of $13.41 billion, a P/E ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.59 and a 12 month high of $64.63. The stock has a 50 day moving average price of $61.39 and a two-hundred day moving average price of $60.40.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The firm also recently disclosed 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 was Friday, December 13th.
First Trust NASDAQ Rising Dividend Achievers Company Profile
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Free Report)
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.
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