Centerpoint Advisory Group Takes Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Centerpoint Advisory Group bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 34,074 shares of the company's stock, valued at approximately $2,015,000. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.9% of Centerpoint Advisory Group's portfolio, making the stock its 17th biggest holding.

Other institutional investors also recently modified their holdings of the company. MBE Wealth Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company's stock worth $240,000 after purchasing an additional 163 shares in the last quarter. Trueblood Wealth Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company's stock valued at $723,000 after purchasing an additional 167 shares during the period. Financial Services Advisory Inc raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company's stock worth $881,000 after buying an additional 170 shares in the last quarter. Crewe Advisors LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock worth $97,000 after buying an additional 182 shares in the last quarter. Finally, L & S Advisors Inc lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company's stock worth $1,146,000 after buying an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %

RDVY stock traded up $0.14 during trading on Wednesday, hitting $63.39. The company had a trading volume of 1,099,621 shares, compared to its average volume of 1,006,266. The company has a fifty day moving average price of $61.23 and a two-hundred day moving average price of $60.10. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $51.50 and a fifty-two week high of $64.63. The company has a market cap of $13.83 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.