First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) shares bought by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 10.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC ). The fund owned 77,216 shares of the company’s stock after purchasing an additional 7,098 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up about 1.3% of Gateway Wealth Partners LLC’s holdings, making the stock its 17th largest position. Gateway Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,228,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. FinTrust Capital Advisors LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $230,000. Oppenheimer & Co. Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 25.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 110,903 shares of the company’s stock valued at $5,730,000 after buying an additional 22,488 shares during the period. Cetera Advisor Networks LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 11.4% in the 4th quarter. Cetera Advisor Networks LLC now owns 816,415 shares of the company’s stock worth $42,184,000 after buying another 83,474 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 2,919,944 shares of the company’s stock worth $150,873,000 after buying an additional 78,257 shares during the period. Finally, Prudential PLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 107.4% during the fourth quarter. Prudential PLC now owns 73,000 shares of the company’s stock valued at $3,772,000 after buying an additional 37,800 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock opened at $58.95 on Monday. The company has a 50 day moving average of $57.13 and a two hundred day moving average of $55.71. The stock has a market cap of $11.73 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $43.30 and a one year high of $59.38.

First Trust NASDAQ Rising Dividend Achievers is cutting dividends

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 26th will be given a dividend of $0.1912 per share. This represents an annualized dividend of $0.76 and a yield of 1.30%. The ex-dividend date of this dividend is Thursday, September 26.

About First Trust NASDAQ Rising Dividend Achievers

(Free Report)

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, growing-dividend and high-quality stocks. RDVY was launched on January 6, 2014 and is managed by First Trust.

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