First Heartland Consultants Inc. Acquires 141,978 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

First Heartland Consultants Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 71.9% in the third quarter, Holdings Channel reports. The firm owned 339,475 shares of the company’s stock after buying an additional 141,978 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises about 2.2% of First Heartland Consultants Inc.’s portfolio, making the stock its 7th largest position. First Heartland Consultants Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $20,100,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after buying an additional 687,098 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 18.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after acquiring an additional 1,084,117 shares during the last quarter. International Assets Investment Management LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after purchasing an additional 596,099 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock valued at $175,717,000 after purchasing an additional 159,003 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.4 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded down $0.26 on Tuesday, reaching $63.24. 103,551 shares of the stock were exchanged, compared to its average volume of 716,854. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $45.47 and a twelve month high of $63.72. The business has a 50 day moving average price of $59.13 and a two-hundred day moving average price of $56.86. The firm has a market capitalization of $13.04 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend was Thursday, September 26th.

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.