SteelPeak Wealth LLC Buys 223 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

SteelPeak Wealth LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,192 shares of the company’s stock after purchasing an additional 223 shares during the quarter. SteelPeak Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,145,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RDVY. International Assets Investment Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,519.6% in the fourth quarter. International Assets Investment Management LLC now owns 6,615,517 shares of the company’s stock valued at $341,824,000 after acquiring an additional 6,497,795 shares in the last quarter. Global Assets Advisory LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% during the first quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after buying an additional 4,138,153 shares in the last quarter. Morgan Stanley grew its stake in First Trust NASDAQ Rising Dividend Achievers by 8.1% during the third quarter. Morgan Stanley now owns 12,995,589 shares of the company’s stock worth $597,147,000 after buying an additional 969,819 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 30.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 3,989,267 shares of the company’s stock worth $206,125,000 after buying an additional 933,923 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 10.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 5,803,282 shares of the company’s stock worth $299,856,000 after buying an additional 557,879 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.5 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $54.75 on Monday. The company has a market capitalization of $10.36 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $56.28. The firm’s 50-day moving average price is $54.74 and its two-hundred day moving average price is $53.41.

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. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.91%.

About First Trust NASDAQ Rising Dividend Achievers

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.