Flagstar Advisors Inc. Raises Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Flagstar Advisors Inc. raised its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 17.7% during the 1st quarter, Holdings Channel reports. The firm owned 42,623 shares of the company’s stock after buying an additional 6,406 shares during the quarter. Flagstar Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,394,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Kaydan Wealth Management Inc. raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.1% during the first quarter. Kaydan Wealth Management Inc. now owns 18,651 shares of the company’s stock worth $1,048,000 after purchasing an additional 206 shares during the last quarter. Global Assets Advisory LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% in the 1st quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after purchasing an additional 4,138,153 shares during the period. AdvisorNet Financial Inc increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 56.7% in the first quarter. AdvisorNet Financial Inc now owns 18,060 shares of the company’s stock valued at $1,014,000 after buying an additional 6,537 shares in the last quarter. City Holding Co. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 20.7% in the 1st quarter. City Holding Co. now owns 66,385 shares of the company’s stock valued at $3,729,000 after acquiring an additional 11,387 shares during the period. Finally, DHJJ Financial Advisors Ltd. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 15.8% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 11,051 shares of the company’s stock worth $621,000 after acquiring an additional 1,511 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.4 %

Shares of NASDAQ RDVY traded down $0.24 during trading on Wednesday, hitting $54.76. The company had a trading volume of 541,565 shares, compared to its average volume of 740,743. The firm has a market capitalization of $10.36 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The stock has a fifty day simple moving average of $54.68 and a two-hundred day simple moving average of $53.32. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $43.30 and a fifty-two week high of $56.28.

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.