175,935 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Acquired by Plotkin Financial Advisors LLC

Plotkin Financial Advisors LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 175,935 shares of the company's stock, valued at approximately $10,417,000. First Trust NASDAQ Rising Dividend Achievers comprises about 6.2% of Plotkin Financial Advisors LLC's portfolio, making the stock its 3rd biggest holding. Plotkin Financial Advisors LLC owned approximately 0.09% of First Trust NASDAQ Rising Dividend Achievers at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth approximately $34,000. Comerica Bank grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in the 1st quarter. Comerica Bank now owns 109,156 shares of the company's stock valued at $6,131,000 after purchasing an additional 1,515 shares during the period. GAMMA Investing LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 91.2% in the 2nd quarter. GAMMA Investing LLC now owns 3,921 shares of the company's stock worth $215,000 after acquiring an additional 1,870 shares in the last quarter. Mather Group LLC. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 208.8% in the 2nd quarter. Mather Group LLC. now owns 1,439 shares of the company's stock valued at $81,000 after purchasing an additional 973 shares during the period. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.5% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company's stock valued at $305,000 after purchasing an additional 186 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.4 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.23 during trading hours on Friday, reaching $64.29. 245,714 shares of the company's stock were exchanged, compared to its average volume of 717,216. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $47.80 and a fifty-two week high of $64.63. The stock has a market cap of $13.25 billion, a P/E ratio of 10.08 and a beta of 1.15. The company has a 50 day moving average of $60.77 and a two-hundred day moving average of $57.69.

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 issued a dividend of $0.1912 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.19%.

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.