First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) is Koshinski Asset Management Inc.'s 4th Largest Position

Koshinski Asset Management Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 518,874 shares of the company's stock after acquiring an additional 13,647 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises 0.1% of Koshinski Asset Management Inc.'s holdings, making the stock its 4th largest holding. Koshinski Asset Management Inc. owned 0.24% of First Trust NASDAQ Rising Dividend Achievers worth $30,686,000 at the end of the most recent reporting period.

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

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.8 %

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.47 during midday trading on Tuesday, hitting $62.65. 1,136,691 shares of the stock were exchanged, compared to its average volume of 939,066. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63. The business's 50-day moving average price is $61.45 and its 200-day moving average price is $59.21. The stock has a market capitalization of $13.55 billion, a price-to-earnings 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. Shareholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date 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.