Proactive Wealth Strategies LLC Buys New Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Proactive Wealth Strategies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 62,554 shares of the company’s stock, valued at approximately $3,704,000. First Trust NASDAQ Rising Dividend Achievers comprises approximately 2.1% of Proactive Wealth Strategies LLC’s portfolio, making the stock its 10th biggest holding.

Other large investors have also bought and sold shares of the company. BNP Paribas Financial Markets boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares during the period. Headlands Technologies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $29,000. Kings Path Partners LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $31,000. Russell Investments Group Ltd. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the first quarter worth $34,000. Finally, Rothschild Investment LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $34,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $63.50 on Tuesday. The firm has a 50-day moving average of $59.13 and a 200 day moving average of $56.86. The company has a market cap of $13.09 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $45.47 and a 1 year high of $63.72.

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 issued a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, September 26th.

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.