First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Position Lifted by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 27.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 30,301 shares of the company’s stock after purchasing an additional 6,555 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,794,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of RDVY. Redhawk Wealth Advisors Inc. increased its stake in First Trust NASDAQ Rising Dividend Achievers by 22.5% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 128,336 shares of the company’s stock valued at $7,599,000 after buying an additional 23,532 shares during the period. Wagner Wealth Management LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5.1% during the third quarter. Wagner Wealth Management LLC now owns 161,468 shares of the company’s stock valued at $9,561,000 after acquiring an additional 7,829 shares during the period. Willner & Heller LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 5.9% during the third quarter. Willner & Heller LLC now owns 51,915 shares of the company’s stock worth $3,074,000 after purchasing an additional 2,889 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 1.7% in the third quarter. Koshinski Asset Management Inc. now owns 505,227 shares of the company’s stock worth $29,915,000 after purchasing an additional 8,515 shares during the period. Finally, Next Level Private LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 5.4% in the third quarter. Next Level Private LLC now owns 247,080 shares of the company’s stock worth $14,630,000 after purchasing an additional 12,658 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $60.11 on Monday. The stock has a market cap of $12.30 billion, a PE ratio of 10.08 and a beta of 1.15. The business’s fifty day moving average is $57.52 and its 200-day moving average is $56.00. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $60.24.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.27%.

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.