JFG Wealth Management LLC Takes $390,000 Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

JFG Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,591 shares of the company’s stock, valued at approximately $390,000.

Several other large investors have also recently made changes to their positions in the business. Kingswood Wealth Advisors LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.5% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $305,000 after purchasing an additional 186 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock worth $3,904,000 after acquiring an additional 228 shares during the last quarter. Old Port Advisors increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 3.9% in the 2nd quarter. Old Port Advisors now owns 6,728 shares of the company’s stock worth $368,000 after acquiring an additional 250 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 54.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock worth $40,000 after purchasing an additional 260 shares during the period. Finally, Alliance Wealth Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 0.5% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 52,867 shares of the company’s stock worth $2,894,000 after purchasing an additional 267 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.1 %

Shares of NASDAQ RDVY opened at $59.70 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $45.15 and a 52 week high of $60.94. The business has a 50-day simple moving average of $58.75 and a two-hundred day simple moving average of $56.61. The company has a market cap of $12.31 billion, a P/E ratio of 10.08 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 Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.28%.

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.