Blair William & Co. IL Has $20.66 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Blair William & Co. IL lessened its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 349,272 shares of the company’s stock after selling 497 shares during the period. Blair William & Co. IL owned about 0.16% of First Trust NASDAQ Rising Dividend Achievers worth $20,656,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of RDVY. LPL Financial LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% in the 4th quarter. LPL Financial LLC now owns 21,307,144 shares of the company’s stock valued at $1,260,104,000 after purchasing an additional 980,714 shares during the period. Raymond James Financial Inc. bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $593,242,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company’s stock valued at $333,550,000 after buying an additional 409,135 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% during the 4th quarter. Kestra Advisory Services LLC now owns 2,572,894 shares of the company’s stock worth $152,161,000 after acquiring an additional 46,729 shares during the period. Finally, Private Advisor Group LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 11.9% during the 4th quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company’s stock worth $108,526,000 after acquiring an additional 195,213 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $58.03 on Friday. The business has a fifty day simple moving average of $60.99 and a two-hundred day simple moving average of $60.64. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.78 and a 1 year high of $64.63. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of 14.89 and a beta of 1.14.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a dividend of $0.2544 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, March 27th. This is a boost from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19.

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.