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

OneAscent Financial Services LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,382 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $25,000. Graney & King LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th 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 fourth quarter worth approximately $40,000. Sound Income Strategies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 169.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock worth $53,000 after buying an additional 566 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ RDVY opened at $52.72 on Friday. The company has a market capitalization of $12.04 billion, a price-to-earnings ratio of 14.89 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.59 and a 12 month high of $64.63. The company’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 declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.2544 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 1.93%. This is an increase 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.