First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Position Boosted by GSG Advisors LLC

GSG Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 139,253 shares of the company’s stock after purchasing an additional 3,262 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for 2.7% of GSG Advisors LLC’s investment portfolio, making the stock its 7th biggest position. GSG Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $7,607,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares during the period. Russell Investments Group Ltd. bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth $34,000. Grove Bank & Trust bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $42,000. MCF Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 286.5% in the 4th quarter. MCF Advisors LLC now owns 1,090 shares of the company’s stock worth $56,000 after acquiring an additional 808 shares during the last quarter. Finally, Tennessee Valley Asset Management Partners bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $60,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.14 during trading hours on Friday, reaching $55.27. The stock had a trading volume of 713,145 shares, compared to its average volume of 749,851. The stock has a market cap of $11.00 billion, a PE 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 $59.07. The company has a fifty day simple moving average of $55.52 and a 200-day simple moving average of $54.41.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a $0.2616 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Thursday, June 27th.

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.