Howard Financial Services LTD. Has $9.48 Million Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Howard Financial Services LTD. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVYFree Report) by 9.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 183,461 shares of the company’s stock after buying an additional 15,909 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises about 1.8% of Howard Financial Services LTD.’s investment portfolio, making the stock its 18th biggest holding. Howard Financial Services LTD. owned 0.10% of First Trust NASDAQ Rising Dividend Achievers worth $9,479,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Daymark Wealth Partners LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5.8% during the 4th quarter. Daymark Wealth Partners LLC now owns 72,975 shares of the company’s stock valued at $3,771,000 after buying an additional 4,012 shares during the period. Key Client Fiduciary Advisors LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 4th quarter. Key Client Fiduciary Advisors LLC now owns 174,198 shares of the company’s stock valued at $9,001,000 after purchasing an additional 1,764 shares in the last quarter. Capital Asset Advisory Services LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.7% during the 4th quarter. Capital Asset Advisory Services LLC now owns 59,009 shares of the company’s stock valued at $3,049,000 after purchasing an additional 1,010 shares in the last quarter. Southland Equity Partners LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5.6% during the 4th quarter. Southland Equity Partners LLC now owns 7,899 shares of the company’s stock valued at $408,000 after purchasing an additional 418 shares in the last quarter. Finally, Lynch & Associates IN raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 16.7% during the 4th quarter. Lynch & Associates IN now owns 5,504 shares of the company’s stock valued at $284,000 after purchasing an additional 787 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.04 during midday trading on Friday, reaching $54.27. 583,871 shares of the company’s stock traded hands, compared to its average volume of 853,765. The company has a market cap of $9.85 billion, a price-to-earnings ratio of 9.91 and a beta of 1.15. The company’s 50 day simple moving average is $51.97 and its 200 day simple moving average is $49.07. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $42.06 and a 52 week high of $54.83.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 29th. Stockholders of record on Tuesday, December 26th were issued a dividend of $0.3421 per share. The ex-dividend date was Friday, December 22nd. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous dividend of $0.22.

First Trust NASDAQ Rising Dividend Achievers Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

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