Strategic Planning Group LLC Invests $11.43 Million in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Strategic Planning Group LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to its most recent filing with the SEC. The fund acquired 193,316 shares of the company’s stock, valued at approximately $11,433,000. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 2.1% of Strategic Planning Group LLC’s investment portfolio, making the stock its 16th biggest holding. Strategic Planning Group LLC owned 0.09% of First Trust NASDAQ Rising Dividend Achievers as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Strategic Blueprint LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 3.4% during the fourth quarter. Strategic Blueprint LLC now owns 22,313 shares of the company’s stock valued at $1,320,000 after acquiring an additional 738 shares in the last quarter. SteelPeak Wealth LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.1% during the fourth quarter. SteelPeak Wealth LLC now owns 38,021 shares of the company’s stock valued at $2,249,000 after buying an additional 782 shares during the period. Denver Wealth Management Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 1.7% during the fourth quarter. Denver Wealth Management Inc. now owns 124,146 shares of the company’s stock worth $7,342,000 after buying an additional 2,078 shares in the last quarter. Aspire Capital Advisors LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 3.7% in the 4th quarter. Aspire Capital Advisors LLC now owns 213,876 shares of the company’s stock worth $12,649,000 after acquiring an additional 7,558 shares during the last quarter. Finally, Wealth Effects LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 0.6% in the 4th quarter. Wealth Effects LLC now owns 34,830 shares of the company’s stock valued at $2,060,000 after acquiring an additional 200 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %

Shares of NASDAQ RDVY opened at $62.72 on Thursday. The business has a 50-day moving average of $61.49 and a 200-day moving average of $59.53. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63. The firm has a market capitalization of $13.64 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 announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers 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.