Certified Advisory Corp Grows Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Certified Advisory Corp boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 42,253 shares of the company’s stock after buying an additional 1,017 shares during the quarter. Certified Advisory Corp’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,313,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Harbour Investments Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 11.1% during the fourth quarter. Harbour Investments Inc. now owns 524,830 shares of the company’s stock valued at $27,118,000 after purchasing an additional 52,344 shares during the period. US Bancorp DE lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 107.5% during the 4th quarter. US Bancorp DE now owns 305,539 shares of the company’s stock valued at $15,790,000 after buying an additional 158,285 shares during the period. Focus Financial Network Inc. ADV purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $4,151,000. ORBA Wealth Advisors L.L.C. bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $4,565,000. Finally, Steward Partners Investment Solutions LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $1,903,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY opened at $58.75 on Monday. The stock’s 50-day simple moving average is $57.00 and its two-hundred day simple moving average is $55.55. The stock has a market capitalization of $11.69 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $59.33.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.2616 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.05 annualized dividend and a yield of 1.78%.

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.