OneAscent Financial Services LLC Makes New Investment in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

OneAscent Financial Services LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,382 shares of the company’s stock, valued at approximately $200,000.

A number of other large investors also recently modified their holdings of the business. Cullen Frost Bankers Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $25,000. Graney & King LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $27,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Sound Income Strategies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $40,000. Finally, O Shaughnessy Asset Management LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 169.0% during 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

Shares of NASDAQ RDVY opened at $52.72 on Friday. The firm has a market capitalization of $12.04 billion, a PE ratio of 14.89 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.59 and a 1-year high of $64.63. The business’s fifty day moving average price is $60.44 and its two-hundred day moving average price is $60.65.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2544 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.93%. 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.

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.