SFG Wealth Management LLC. Grows Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

SFG Wealth Management LLC. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 15.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,004 shares of the company’s stock after purchasing an additional 1,734 shares during the quarter. SFG Wealth Management LLC.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $769,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Benjamin Edwards Inc. increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 95.1% in the 2nd quarter. Benjamin Edwards Inc. now owns 6,356 shares of the company’s stock valued at $348,000 after purchasing an additional 3,099 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 25.9% in the second quarter. EverSource Wealth Advisors LLC now owns 3,145 shares of the company’s stock valued at $184,000 after buying an additional 647 shares in the last quarter. Certified Advisory Corp raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.5% during the 2nd quarter. Certified Advisory Corp now owns 42,253 shares of the company’s stock worth $2,313,000 after buying an additional 1,017 shares during the period. Daymark Wealth Partners LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.9% during the 2nd quarter. Daymark Wealth Partners LLC now owns 84,505 shares of the company’s stock valued at $4,627,000 after buying an additional 4,693 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company’s stock valued at $101,994,000 after acquiring an additional 71,047 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $62.18 on Monday. The firm has a market cap of $13.39 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $49.60 and a one year high of $64.63. The firm has a fifty day moving average of $61.47 and a 200 day moving average of $59.16.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. 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.