First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 127,620 shares of the company’s stock after acquiring an additional 5,555 shares during the quarter. Geneos Wealth Management Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $7,547,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company’s stock valued at $101,994,000 after buying an additional 71,047 shares during the last quarter. Sunbelt Securities Inc. raised its position in First Trust NASDAQ Rising Dividend Achievers by 65.3% during the second quarter. Sunbelt Securities Inc. now owns 5,878 shares of the company’s stock valued at $322,000 after acquiring an additional 2,323 shares in the last quarter. Gateway Wealth Partners LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.1% in the second quarter. Gateway Wealth Partners LLC now owns 77,216 shares of the company’s stock valued at $4,228,000 after acquiring an additional 7,098 shares during the period. Traction Financial Partners LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 6.6% in the 2nd quarter. Traction Financial Partners LLC now owns 230,311 shares of the company’s stock worth $13,066,000 after purchasing an additional 14,204 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5.3% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 45,848 shares of the company’s stock worth $2,510,000 after purchasing an additional 2,326 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ:RDVY opened at $62.52 on Friday. The company has a 50 day moving average price of $61.46 and a 200-day moving average price of $59.37. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63. The firm has a market cap of $13.52 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 disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

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.