First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Guardian Wealth Advisors LLC NC

Guardian Wealth Advisors LLC NC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 497,495 shares of the company’s stock after acquiring an additional 14,984 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 2.3% of Guardian Wealth Advisors LLC NC’s holdings, making the stock its 9th largest position. Guardian Wealth Advisors LLC NC owned approximately 0.23% of First Trust NASDAQ Rising Dividend Achievers worth $29,422,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% during the 4th quarter. LPL Financial LLC now owns 21,307,144 shares of the company’s stock valued at $1,260,104,000 after buying an additional 980,714 shares during the period. Raymond James Financial Inc. acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $593,242,000. Wells Fargo & Company MN raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 9,008,501 shares of the company’s stock worth $532,763,000 after purchasing an additional 327,729 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 30.0% during the 4th quarter. Ameriprise Financial Inc. now owns 6,135,682 shares of the company’s stock valued at $362,832,000 after buying an additional 1,417,024 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 7.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company’s stock valued at $333,550,000 after buying an additional 409,135 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $58.76 on Friday. The company has a market capitalization of $13.69 billion, a P/E ratio of 14.58 and a beta of 1.15. The stock’s 50 day moving average price is $57.06 and its 200 day moving average price is $59.99. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.27 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.73%. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19.

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.