B. Riley Wealth Advisors Inc. Acquires 2,326 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

B. Riley Wealth Advisors Inc. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,848 shares of the company’s stock after buying an additional 2,326 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,510,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of RDVY. Global Assets Advisory LLC grew its holdings in 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 acquiring an additional 4,138,153 shares during the period. Cetera Investment Advisers grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 178.5% during the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock worth $127,174,000 after purchasing an additional 1,451,045 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in 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 during the last quarter. LPL Financial LLC lifted its stake in 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 valued at $1,060,656,000 after buying an additional 687,098 shares during the period. Finally, Horizon Advisory Services Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $27,049,000.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.8 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $58.75 on Wednesday. The firm has a market capitalization of $11.99 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a 50-day moving average of $57.16 and a 200-day moving average of $55.75. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $59.38.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.30%.

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.