Financial Partners Group Inc Has $27.74 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Financial Partners Group Inc lessened its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 468,542 shares of the company’s stock after selling 16,394 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up 4.1% of Financial Partners Group Inc’s holdings, making the stock its 5th largest position. Financial Partners Group Inc owned about 0.23% of First Trust NASDAQ Rising Dividend Achievers worth $27,742,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Consolidated Portfolio Review Corp boosted its position in shares of 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 valued at $6,463,000 after purchasing an additional 8,618 shares during the period. Blair William & Co. IL increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 9.3% in the first quarter. Blair William & Co. IL now owns 351,981 shares of the company’s stock worth $19,771,000 after acquiring an additional 30,086 shares in the last quarter. Williams Financial LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $765,000. Atria Investments Inc raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 28.0% during the first quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock valued at $5,485,000 after acquiring an additional 21,379 shares during the period. Finally, Atomi Financial Group Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter valued at approximately $624,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ RDVY traded up $0.60 on Tuesday, hitting $59.66. 140,225 shares of the stock were exchanged, compared to its average volume of 713,352. The company’s 50-day moving average price is $58.72 and its two-hundred day moving average price is $56.57. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $45.15 and a 52-week high of $60.94. The company has a market capitalization of $12.30 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a 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.