Perissos Private Wealth Management LLC Has $1.81 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Perissos Private Wealth Management LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 86.3% in the fourth quarter, Holdings Channel reports. The firm owned 30,627 shares of the company’s stock after acquiring an additional 14,191 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises approximately 1.4% of Perissos Private Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Perissos Private Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,811,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Spectrum Wealth Advisory Group LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at about $12,392,000. D.A. Davidson & CO. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% in the third quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after buying an additional 29,294 shares during the last quarter. Claro Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock worth $3,717,000 after acquiring an additional 14,235 shares during the period. Elios Financial Group Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $6,731,000. Finally, ORG Partners LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock worth $11,953,000 after acquiring an additional 145,866 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.1 %

RDVY opened at $62.43 on Wednesday. The stock’s fifty day simple moving average is $61.27 and its 200 day simple moving average is $59.86. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63. The stock has a market cap of $13.62 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. 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.