AdvisorNet Financial Inc Buys 8,801 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

AdvisorNet Financial Inc boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVYFree Report) by 323.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,523 shares of the company’s stock after purchasing an additional 8,801 shares during the period. AdvisorNet Financial Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Harbor Investment Advisory LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter worth about $29,000. BKM Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $43,000. Crewe Advisors LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter worth about $47,000. VitalStone Financial LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 40.5% in the third quarter. VitalStone Financial LLC now owns 2,144 shares of the company’s stock worth $98,000 after acquiring an additional 618 shares during the period. Finally, New Republic Capital LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth about $108,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $55.83 on Tuesday. The firm has a 50-day simple moving average of $53.01 and a two-hundred day simple moving average of $49.67. The company has a market cap of $10.13 billion, a P/E ratio of 9.91 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $42.42 and a fifty-two week high of $56.28.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.2238 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.60%.

First Trust NASDAQ Rising Dividend Achievers Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

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