Jaffetilchin Investment Partners LLC Has $17.54 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Jaffetilchin Investment Partners LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 296,603 shares of the company’s stock after acquiring an additional 13,633 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 1.3% of Jaffetilchin Investment Partners LLC’s holdings, making the stock its 19th largest holding. Jaffetilchin Investment Partners LLC owned approximately 0.14% of First Trust NASDAQ Rising Dividend Achievers worth $17,541,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in RDVY. Cullen Frost Bankers Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $25,000. Graney & King LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $27,000. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $40,000. Finally, O Shaughnessy Asset Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 169.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock valued at $53,000 after purchasing an additional 566 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $54.06 on Friday. The business has a 50 day simple moving average of $59.35 and a 200 day simple moving average of $60.44. The company has a market capitalization of $12.40 billion, a PE ratio of 14.89 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $50.27 and a one year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.88%.

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.