Good Life Advisors LLC Grows Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Good Life Advisors LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 280,718 shares of the company’s stock after buying an additional 7,762 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises 1.0% of Good Life Advisors LLC’s holdings, making the stock its 19th largest position. Good Life Advisors LLC owned 0.14% of First Trust NASDAQ Rising Dividend Achievers worth $16,621,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in RDVY. Fisher Asset Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $274,000. Signal Advisors Wealth LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth approximately $709,000. Weitzel Financial Services Inc. raised its position in First Trust NASDAQ Rising Dividend Achievers by 2.9% in the first quarter. Weitzel Financial Services Inc. now owns 148,562 shares of the company’s stock valued at $8,309,000 after purchasing an additional 4,139 shares during the period. Park Avenue Securities LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 3.6% in the first quarter. Park Avenue Securities LLC now owns 13,952 shares of the company’s stock valued at $784,000 after purchasing an additional 485 shares during the period. Finally, RFG Advisory LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 20.4% in the first quarter. RFG Advisory LLC now owns 116,643 shares of the company’s stock valued at $6,552,000 after purchasing an additional 19,771 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.3 %

NASDAQ:RDVY traded up $0.17 on Thursday, reaching $60.65. The company’s stock had a trading volume of 258,941 shares, compared to its average volume of 721,361. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $60.90. The firm has a market cap of $12.41 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The stock has a 50 day moving average price of $57.90 and a 200 day moving average price of $56.09.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.26%.

First Trust NASDAQ Rising Dividend Achievers 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.