Alliance Wealth Advisors LLC Acquires 1,402 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Alliance Wealth Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,082 shares of the company’s stock after buying an additional 1,402 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises 1.9% of Alliance Wealth Advisors LLC’s portfolio, making the stock its 10th biggest holding. Alliance Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,317,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Sound Income Strategies LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $57,000. Blue Trust Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC grew its holdings in shares of 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 valued at $97,000 after acquiring an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.9 %

Shares of NASDAQ RDVY opened at $62.09 on Friday. The business’s 50 day moving average is $61.31 and its 200-day moving average is $59.78. 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 $13.54 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared 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 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.