Gentry Private Wealth LLC Acquires Shares of 3,546 First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Gentry Private Wealth LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,546 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Financial Services Advisory Inc lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after acquiring an additional 170 shares during the period. Crewe Advisors LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after buying an additional 182 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.5% in the second quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $305,000 after buying an additional 186 shares during the last quarter. L & S Advisors Inc raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its holdings 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 buying an additional 228 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.0 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $63.72 on Friday. The stock has a 50-day simple moving average of $60.18 and a 200 day simple moving average of $57.37. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $47.18 and a 12-month high of $63.78. The stock has a market capitalization of $13.14 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.20%.

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.