Foundations Investment Advisors LLC Grows Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Foundations Investment Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 21.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 279,261 shares of the company's stock after purchasing an additional 49,950 shares during the quarter. Foundations Investment Advisors LLC owned approximately 0.14% of First Trust NASDAQ Rising Dividend Achievers worth $16,535,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Cetera Investment Advisers raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 178.5% during the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company's stock worth $127,174,000 after buying an additional 1,451,045 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in First Trust NASDAQ Rising Dividend Achievers by 18.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company's stock worth $376,283,000 after purchasing an additional 1,084,117 shares during the period. LPL Financial LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company's stock worth $1,060,656,000 after purchasing an additional 687,098 shares during the period. Commonwealth Equity Services LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company's stock worth $309,720,000 after purchasing an additional 596,099 shares during the period. Finally, Cetera Advisors LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 111.8% during the first quarter. Cetera Advisors LLC now owns 910,777 shares of the company's stock worth $51,158,000 after purchasing an additional 480,766 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded down $0.15 on Tuesday, reaching $59.71. The stock had a trading volume of 536,175 shares, compared to its average volume of 720,614. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $60.94. The company has a market cap of $12.24 billion, a P/E ratio of 10.08 and a beta of 1.15. The business's 50 day moving average is $58.30 and its two-hundred day moving average is $56.23.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date was Thursday, September 26th.

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.