Forte Capital LLC ADV Has $486,000 Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Forte Capital LLC ADV raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 8,205 shares of the company’s stock after buying an additional 1,302 shares during the period. Forte Capital LLC ADV’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $486,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Kingswood Wealth Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 3.5% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $305,000 after purchasing an additional 186 shares during the period. Arkadios Wealth Advisors grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.3% in the second quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock valued at $3,904,000 after acquiring an additional 228 shares in the last quarter. Old Port Advisors increased its position in First Trust NASDAQ Rising Dividend Achievers by 3.9% during the second quarter. Old Port Advisors now owns 6,728 shares of the company’s stock worth $368,000 after acquiring an additional 250 shares during the period. Hazlett Burt & Watson Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 54.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock worth $40,000 after purchasing an additional 260 shares in the last quarter. Finally, Alliance Wealth Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.5% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 52,867 shares of the company’s stock valued at $2,894,000 after purchasing an additional 267 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.0 %

Shares of NASDAQ:RDVY opened at $62.73 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $45.15 and a 12-month high of $63.51. The company’s 50 day moving average price is $58.95 and its two-hundred day moving average price is $56.70. The firm has a market cap of $12.93 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 declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Thursday, September 26th.

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.