Foundations Investment Advisors LLC Purchases 49,950 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Foundations Investment Advisors LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 21.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 279,261 shares of the company’s stock after purchasing an additional 49,950 shares during the period. Foundations Investment Advisors LLC owned about 0.14% of First Trust NASDAQ Rising Dividend Achievers worth $16,535,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Consolidated Portfolio Review Corp grew its position in First Trust NASDAQ Rising Dividend Achievers by 7.9% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock worth $6,463,000 after purchasing an additional 8,618 shares in the last quarter. tru Independence LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 19.6% in the 1st quarter. tru Independence LLC now owns 130,761 shares of the company’s stock worth $7,345,000 after purchasing an additional 21,436 shares in the last quarter. Blair William & Co. IL grew its position in First Trust NASDAQ Rising Dividend Achievers by 9.3% in the 1st quarter. Blair William & Co. IL now owns 351,981 shares of the company’s stock worth $19,771,000 after purchasing an additional 30,086 shares in the last quarter. Williams Financial LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $765,000. Finally, Atria Investments Inc grew its position in First Trust NASDAQ Rising Dividend Achievers by 28.0% in the 1st quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock worth $5,485,000 after purchasing an additional 21,379 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.2 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $59.86 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $43.30 and a twelve month high of $60.94. The firm has a 50 day moving average price of $58.22 and a 200-day moving average price of $56.20. The company has a market capitalization of $12.27 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Thursday, September 26th.

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.