Horizon Advisory Services Inc. Boosts Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Horizon Advisory Services Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 22.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 566,625 shares of the company’s stock after purchasing an additional 103,730 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 19.2% of Horizon Advisory Services Inc.’s holdings, making the stock its 2nd largest holding. Horizon Advisory Services Inc. owned about 0.26% of First Trust NASDAQ Rising Dividend Achievers worth $33,510,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Sound Income Strategies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $57,000. Blue Trust Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after acquiring an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %

RDVY stock opened at $61.36 on Tuesday. The business’s 50-day moving average price is $61.24 and its two-hundred day moving average price is $60.26. The firm has a market cap of $13.39 billion, a PE ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.26 and a 1-year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

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.