Howard Financial Services LTD. boosted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 4.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 201,210 shares of the company's stock after purchasing an additional 9,259 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 1.7% of Howard Financial Services LTD.'s holdings, making the stock its 20th largest position. Howard Financial Services LTD. owned about 0.10% of First Trust NASDAQ Rising Dividend Achievers worth $11,914,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth $3,622,000. Sovereign Financial Group Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 5.5% during the 3rd quarter. Sovereign Financial Group Inc. now owns 114,762 shares of the company's stock valued at $6,795,000 after purchasing an additional 6,005 shares during the last quarter. WealthCare Investment Partners LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.7% during the 3rd quarter. WealthCare Investment Partners LLC now owns 59,316 shares of the company's stock valued at $3,503,000 after purchasing an additional 431 shares during the last quarter. Brookstone Capital Management grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 394.1% during the 3rd quarter. Brookstone Capital Management now owns 18,237 shares of the company's stock valued at $1,080,000 after purchasing an additional 14,546 shares during the last quarter. Finally, City Holding Co. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 21.2% in the 3rd quarter. City Holding Co. now owns 96,220 shares of the company's stock worth $5,696,000 after acquiring an additional 16,846 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Price Performance
RDVY stock traded up $0.53 during mid-day trading on Wednesday, reaching $59.45. The company had a trading volume of 584,886 shares, compared to its average volume of 726,720. The company has a market capitalization of $12.15 billion, a PE ratio of 10.08 and a beta of 1.15. The firm has a 50 day moving average of $57.35 and a 200 day moving average of $55.91. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $59.62.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 1.29%.
About First Trust NASDAQ Rising Dividend Achievers
(
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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