First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Holdings Lifted by L & S Advisors Inc

L & S Advisors Inc increased its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,153 shares of the company’s stock after acquiring an additional 1,452 shares during the quarter. L & S Advisors Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,049,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Global Assets Advisory LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% during the 1st quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after acquiring an additional 4,138,153 shares during the period. Cetera Investment Advisers lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 178.5% in the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock worth $127,174,000 after purchasing an additional 1,451,045 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after purchasing an additional 1,084,117 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after purchasing an additional 687,098 shares during the period. Finally, Horizon Advisory Services Inc. purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter valued at approximately $27,049,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $58.05 on Wednesday. The firm’s 50 day moving average price is $56.83 and its two-hundred day moving average price is $55.44. The firm has a market cap of $11.55 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $43.30 and a twelve month high of $59.07.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.2616 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, June 27th.

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.