EverSource Wealth Advisors LLC Boosts Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

EverSource Wealth Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 25.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,145 shares of the company’s stock after buying an additional 647 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $184,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Global Assets Advisory LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,315.6% during the 1st quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after purchasing an additional 4,138,153 shares during the period. Cetera Investment Advisers boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 178.5% during the 1st quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock valued at $127,174,000 after acquiring an additional 1,451,045 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock valued at $376,283,000 after purchasing an additional 1,084,117 shares in the last quarter. LPL Financial LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% in the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after acquiring an additional 687,098 shares in the last quarter. Finally, Horizon Advisory Services Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 1st quarter worth about $27,049,000.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.8 %

Shares of NASDAQ:RDVY opened at $58.36 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $43.30 and a 52 week high of $59.33. The company has a market cap of $11.61 billion, a PE ratio of 10.08 and a beta of 1.15. The company’s 50 day moving average is $57.06 and its two-hundred day moving average is $55.64.

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.