Larson Financial Group LLC Buys 2,653 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Larson Financial Group LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 9.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor 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 filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Spectrum Wealth Advisory Group LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $12,392,000. D.A. Davidson & CO. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.5% during the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock worth $39,918,000 after purchasing an additional 29,294 shares in the last quarter. Elios Financial Group Inc. bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $6,731,000. Claro Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock worth $3,717,000 after purchasing an additional 14,235 shares in the last quarter. Finally, ORG Partners LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock worth $11,953,000 after purchasing an additional 145,866 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.0 %

RDVY stock opened at $59.86 on Friday. The firm has a market cap of $13.06 billion, a PE ratio of 14.00 and a beta of 1.15. The business has a 50 day moving average of $61.38 and a 200-day moving average of $60.54. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $52.78 and a 12-month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date of this dividend 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.