Atria Wealth Solutions Inc. Boosts Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Atria Wealth Solutions Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 13.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 494,573 shares of the company’s stock after buying an additional 60,369 shares during the period. Atria Wealth Solutions Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $25,555,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. GAMMA Investing LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $105,000. Element Wealth LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 22.2% in the 4th quarter. Element Wealth LLC now owns 3,292 shares of the company’s stock worth $170,000 after purchasing an additional 597 shares in the last quarter. Larson Financial Group LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 67.6% in the 4th quarter. Larson Financial Group LLC now owns 2,481 shares of the company’s stock worth $128,000 after purchasing an additional 1,001 shares in the last quarter. RWA Wealth Partners LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $799,000. Finally, Prism Advisors Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 25.5% in the 4th quarter. Prism Advisors Inc. now owns 24,137 shares of the company’s stock worth $1,247,000 after purchasing an additional 4,908 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.2 %

NASDAQ RDVY traded up $0.10 during trading hours on Wednesday, reaching $54.48. The company’s stock had a trading volume of 712,907 shares, compared to its average volume of 799,805. The firm’s 50-day moving average price is $53.98 and its 200-day moving average price is $50.61. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $42.42 and a 1 year high of $56.28. The company has a market capitalization of $10.23 billion, a price-to-earnings ratio of 9.85 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.2238 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 dividend on an annualized basis and a yield of 1.64%.

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.