OneDigital Investment Advisors LLC Has $6.83 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

OneDigital Investment Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 20.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,512 shares of the company's stock after purchasing an additional 19,891 shares during the period. OneDigital Investment Advisors LLC owned approximately 0.05% of First Trust NASDAQ Rising Dividend Achievers worth $6,831,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RDVY. Pine Valley Investments Ltd Liability Co raised its position in First Trust NASDAQ Rising Dividend Achievers by 2.9% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 229,330 shares of the company's stock worth $13,579,000 after purchasing an additional 6,397 shares in the last quarter. World Investment Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 54.9% during the third quarter. World Investment Advisors LLC now owns 103,969 shares of the company's stock worth $6,156,000 after buying an additional 36,863 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the third quarter worth about $104,000. Synovus Financial Corp grew its stake in First Trust NASDAQ Rising Dividend Achievers by 56.9% during the third quarter. Synovus Financial Corp now owns 8,612 shares of the company's stock worth $510,000 after buying an additional 3,124 shares during the last quarter. Finally, SMART Wealth LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 21.4% during the third quarter. SMART Wealth LLC now owns 95,355 shares of the company's stock worth $5,646,000 after buying an additional 16,777 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock traded down $0.12 during trading hours on Friday, hitting $56.69. 844,581 shares of the stock were exchanged, compared to its average volume of 834,429. The stock has a market capitalization of $13.16 billion, a P/E ratio of 13.97 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.27 and a 12 month high of $64.63. The business's 50-day moving average is $57.75 and its two-hundred day moving average is $60.16.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.2544 per share. This represents a $1.02 annualized dividend and a yield of 1.80%. 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.

About First Trust NASDAQ Rising Dividend Achievers

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.