Envision Financial LLC Invests $3.50 Million in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Envision Financial LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 59,154 shares of the company’s stock, valued at approximately $3,498,000. First Trust NASDAQ Rising Dividend Achievers makes up approximately 2.8% of Envision Financial LLC’s portfolio, making the stock its 12th biggest holding.

A number of other institutional investors have also recently modified their holdings of the stock. Spectrum Wealth Advisory Group LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth approximately $12,392,000. D.A. Davidson & CO. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% during the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after acquiring an additional 29,294 shares during the period. Perennial Investment Advisors LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 6.5% in the 2nd quarter. Perennial Investment Advisors LLC now owns 324,521 shares of the company’s stock worth $17,767,000 after purchasing an additional 19,794 shares during the period. Claro Advisors LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 29.3% during the third quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after purchasing an additional 14,235 shares in the last quarter. Finally, Elios Financial Group Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter worth about $6,731,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.7 %

NASDAQ RDVY traded up $0.43 on Monday, reaching $59.36. 328,682 shares of the stock were exchanged, compared to its average volume of 810,908. The firm has a market capitalization of $12.76 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $49.60 and a one year high of $64.63. The company’s 50-day simple moving average is $61.51 and its two-hundred day simple moving average is $58.93.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

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.