Integrated Wealth Concepts LLC Raises Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Integrated Wealth Concepts LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 914,721 shares of the company's stock after acquiring an additional 8,068 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises 0.6% of Integrated Wealth Concepts LLC's holdings, making the stock its 26th biggest position. Integrated Wealth Concepts LLC owned about 0.42% of First Trust NASDAQ Rising Dividend Achievers worth $54,097,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Coppell Advisory Solutions LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 3.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 24,646 shares of the company's stock worth $1,454,000 after purchasing an additional 905 shares in the last quarter. MGO One Seven LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 12.1% in the 4th quarter. MGO One Seven LLC now owns 39,904 shares of the company's stock valued at $2,360,000 after acquiring an additional 4,314 shares during the period. Harvest Investment Services LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.4% during the fourth quarter. Harvest Investment Services LLC now owns 68,820 shares of the company's stock valued at $4,070,000 after purchasing an additional 2,892 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $4,595,000. Finally, Stifel Financial Corp grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5.0% during the 4th quarter. Stifel Financial Corp now owns 1,759,159 shares of the company's stock valued at $104,037,000 after acquiring an additional 83,390 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.10 during trading on Tuesday, reaching $56.96. 313,709 shares of the company were exchanged, compared to its average volume of 1,128,882. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.27 and a 52-week high of $64.63. The stock's 50 day simple moving average is $57.62 and its two-hundred day simple moving average is $60.14. The company has a market capitalization of $13.25 billion, a P/E ratio of 13.97 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.2544 per share. This represents a $1.02 dividend on an annualized basis and a yield of 1.79%. This is a boost from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19. The ex-dividend date was Thursday, March 27th.

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.