Financial Partners Group Inc Acquires 19,369 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Financial Partners Group Inc lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 487,911 shares of the company’s stock after buying an additional 19,369 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises 4.2% of Financial Partners Group Inc’s holdings, making the stock its 4th largest position. Financial Partners Group Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $28,855,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Sugarloaf Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $57,000. Blue Trust Inc. increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after purchasing an additional 1,179 shares during the period. Finally, Crewe Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after buying an additional 182 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.1 %

RDVY stock opened at $62.54 on Monday. The firm has a 50-day moving average price of $61.48 and a 200-day moving average price of $59.62. The stock has a market capitalization of $13.62 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.