Integrity Wealth Advisors Inc. Acquires Shares of 181,090 First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Integrity Wealth Advisors Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 181,090 shares of the company's stock, valued at approximately $10,710,000. First Trust NASDAQ Rising Dividend Achievers makes up 7.8% of Integrity Wealth Advisors Inc.'s investment portfolio, making the stock its 4th largest position. Integrity Wealth Advisors Inc. owned 0.08% of First Trust NASDAQ Rising Dividend Achievers as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of RDVY. Cullen Frost Bankers Inc. acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $25,000. Summit Investment Advisors Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 195.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 443 shares of the company's stock valued at $26,000 after acquiring an additional 293 shares during the period. Graney & King LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $27,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Finally, Sound Income Strategies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at approximately $40,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock traded up $0.15 during mid-day trading on Friday, reaching $54.65. 1,219,290 shares of the company's stock were exchanged, compared to its average volume of 826,802. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.27 and a 12-month high of $64.63. The company has a market cap of $12.63 billion, a price-to-earnings ratio of 13.97 and a beta of 1.15. The stock's 50 day moving average is $58.44 and its 200 day moving average is $60.28.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. This represents a $1.02 annualized dividend and a yield of 1.86%. This is an increase from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 27th.

About First Trust NASDAQ Rising Dividend Achievers

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.