C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $3.62 Million in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 61,164 shares of the company’s stock, valued at approximately $3,622,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5.5% during the 3rd quarter. Sovereign Financial Group Inc. now owns 114,762 shares of the company’s stock worth $6,795,000 after acquiring an additional 6,005 shares during the period. WealthCare Investment Partners LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.7% in the 3rd quarter. WealthCare Investment Partners LLC now owns 59,316 shares of the company’s stock valued at $3,503,000 after buying an additional 431 shares during the period. Brookstone Capital Management raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 394.1% in the 3rd quarter. Brookstone Capital Management now owns 18,237 shares of the company’s stock valued at $1,080,000 after buying an additional 14,546 shares during the period. City Holding Co. grew its position in First Trust NASDAQ Rising Dividend Achievers by 21.2% in the 3rd quarter. City Holding Co. now owns 96,220 shares of the company’s stock valued at $5,696,000 after acquiring an additional 16,846 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 8.3% in the 3rd quarter. Atomi Financial Group Inc. now owns 12,896 shares of the company’s stock valued at $764,000 after acquiring an additional 983 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $58.92 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a one year low of $43.30 and a one year high of $59.62. The company has a market cap of $12.04 billion, a PE ratio of 10.08 and a beta of 1.15. The business has a 50-day simple moving average of $57.35 and a 200-day simple moving average of $55.91.

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 issued a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend 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.