Larson Financial Group LLC Boosts Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Larson Financial Group LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,110 shares of the company’s stock after purchasing an additional 2,653 shares during the period. Larson Financial Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,840,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 6.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,185,165 shares of the company’s stock valued at $70,091,000 after purchasing an additional 70,422 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.3% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 60,243 shares of the company’s stock worth $3,563,000 after acquiring an additional 2,457 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.0% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 19,845 shares of the company’s stock worth $1,174,000 after acquiring an additional 3,031 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $593,242,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $25,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ:RDVY opened at $59.86 on Friday. The company has a market cap of $13.06 billion, a P/E ratio of 14.00 and a beta of 1.15. The stock’s fifty day moving average price is $61.38 and its two-hundred day moving average price is $60.54. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.78 and a 1 year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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