Atria Wealth Solutions Inc. Increases Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Atria Wealth Solutions Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 13.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 494,573 shares of the company’s stock after buying an additional 60,369 shares during the quarter. Atria Wealth Solutions Inc. owned approximately 0.27% of First Trust NASDAQ Rising Dividend Achievers worth $25,555,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of RDVY. GAMMA Investing LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $105,000. Element Wealth LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 22.2% in the fourth quarter. Element Wealth LLC now owns 3,292 shares of the company’s stock worth $170,000 after purchasing an additional 597 shares during the last quarter. Larson Financial Group LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 67.6% in the fourth quarter. Larson Financial Group LLC now owns 2,481 shares of the company’s stock worth $128,000 after purchasing an additional 1,001 shares during the last quarter. RWA Wealth Partners LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $799,000. Finally, Prism Advisors Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 25.5% during the fourth quarter. Prism Advisors Inc. now owns 24,137 shares of the company’s stock valued at $1,247,000 after acquiring an additional 4,908 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ RDVY traded up $0.10 on Wednesday, reaching $54.48. 712,907 shares of the company’s stock traded hands, compared to its average volume of 799,805. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $42.42 and a 12 month high of $56.28. The stock has a 50-day simple moving average of $53.98 and a 200 day simple moving average of $50.61. The stock has a market cap of $10.23 billion, a PE ratio of 9.85 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 Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a dividend of $0.2238 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date was Thursday, March 21st.

First Trust NASDAQ Rising Dividend Achievers 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.