First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Holdings Lifted by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 12.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 143,987 shares of the company's stock after purchasing an additional 15,651 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises 1.2% of Redhawk Wealth Advisors Inc.'s portfolio, making the stock its 20th largest position. Redhawk Wealth Advisors Inc. owned approximately 0.07% of First Trust NASDAQ Rising Dividend Achievers worth $8,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. LPL Financial LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after acquiring an additional 953,708 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock valued at $402,823,000 after buying an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company's stock valued at $309,720,000 after purchasing an additional 596,099 shares in the last quarter. Cetera Investment Advisers boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.3% during the second quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company's stock worth $136,668,000 after buying an additional 232,129 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company's stock worth $101,994,000 after purchasing an additional 71,047 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY traded up $0.21 during midday trading on Thursday, reaching $61.88. The company had a trading volume of 1,086,867 shares, compared to its average volume of 928,957. The company has a fifty day simple moving average of $61.49 and a two-hundred day simple moving average of $59.05. The firm has a market cap of $13.30 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $49.60 and a 1-year high of $64.63.

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 given a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company 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.