Coppell Advisory Solutions LLC Increases Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Coppell Advisory Solutions LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,646 shares of the company’s stock after purchasing an additional 905 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,454,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of RDVY. MGO One Seven LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 12.1% during the 4th quarter. MGO One Seven LLC now owns 39,904 shares of the company’s stock valued at $2,360,000 after acquiring an additional 4,314 shares in the last quarter. Harvest Investment Services LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.4% during the 4th quarter. Harvest Investment Services LLC now owns 68,820 shares of the company’s stock worth $4,070,000 after purchasing an additional 2,892 shares during the last quarter. Susquehanna International Group LLP bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $4,595,000. Stifel Financial Corp grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5.0% in the fourth quarter. Stifel Financial Corp now owns 1,759,159 shares of the company’s stock valued at $104,037,000 after purchasing an additional 83,390 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 20.8% in the fourth quarter. OneDigital Investment Advisors LLC now owns 115,512 shares of the company’s stock worth $6,831,000 after purchasing an additional 19,891 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 3.0 %

Shares of RDVY stock opened at $55.04 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.27 and a 12-month high of $64.63. The business’s fifty day simple moving average is $58.14 and its 200-day simple moving average is $60.21. The company has a market cap of $12.72 billion, a PE ratio of 13.97 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2544 dividend. This represents a $1.02 annualized dividend and a yield of 1.85%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19.

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.