Denver Wealth Management Inc. Has $7.34 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Denver Wealth Management Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,146 shares of the company’s stock after purchasing an additional 2,078 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises about 3.3% of Denver Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Denver Wealth Management Inc. owned 0.06% of First Trust NASDAQ Rising Dividend Achievers worth $7,342,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in RDVY. LPL Financial LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after acquiring an additional 953,708 shares during the period. International Assets Investment Management LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after buying an additional 6,687,924 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after buying an additional 596,099 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 10.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock worth $136,668,000 after acquiring an additional 232,129 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.2% in the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock valued at $99,224,000 after acquiring an additional 35,479 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.1 %

Shares of RDVY stock opened at $62.57 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.24 and a 12-month high of $64.63. The business’s fifty day simple moving average is $61.49 and its 200-day simple moving average is $59.53. The company has a market cap of $13.56 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date of this dividend 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.