Golden State Wealth Management LLC Takes Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Golden State Wealth Management LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 149,934 shares of the company’s stock, valued at approximately $8,867,000. First Trust NASDAQ Rising Dividend Achievers makes up approximately 1.3% of Golden State Wealth Management LLC’s portfolio, making the stock its 17th biggest position. Golden State Wealth Management LLC owned 0.07% of First Trust NASDAQ Rising Dividend Achievers at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. MBE Wealth Management LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock valued at $240,000 after purchasing an additional 163 shares during the last quarter. Trueblood Wealth Management LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after buying an additional 167 shares during the last quarter. Financial Services Advisory Inc increased its position in First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after buying an additional 170 shares in the last quarter. Crewe Advisors LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after acquiring an additional 182 shares during the last quarter. Finally, L & S Advisors Inc lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after acquiring an additional 197 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.4 %

RDVY opened at $62.63 on Friday. The firm has a market cap of $13.66 billion, a P/E ratio of 10.08 and a beta of 1.15. The business’s fifty day simple moving average is $61.38 and its 200 day simple moving average is $59.73. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.24 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.2956 dividend. 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.