Strategic Planning Group LLC Takes Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Strategic Planning Group LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 193,316 shares of the company's stock, valued at approximately $11,433,000. First Trust NASDAQ Rising Dividend Achievers makes up 2.1% of Strategic Planning Group LLC's investment portfolio, making the stock its 16th largest position. Strategic Planning Group LLC owned 0.09% of First Trust NASDAQ Rising Dividend Achievers as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. MBE Wealth Management LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company's stock valued at $240,000 after buying an additional 163 shares in the last quarter. Trueblood Wealth Management LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company's stock valued at $723,000 after acquiring an additional 167 shares during the last quarter. Financial Services Advisory Inc raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company's stock valued at $881,000 after acquiring an additional 170 shares in the last quarter. Crewe Advisors LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock worth $97,000 after purchasing an additional 182 shares during the last quarter. Finally, L & S Advisors Inc boosted its position in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company's stock worth $1,146,000 after purchasing an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.1 %

RDVY stock traded down $0.69 during midday trading on Friday, hitting $62.54. 1,383,180 shares of the company traded hands, compared to its average volume of 978,104. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63. The stock has a market capitalization of $13.60 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The business has a 50 day simple moving average of $61.50 and a 200-day simple moving average of $59.57.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company 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.