Cozad Asset Management Inc. Purchases 453 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Cozad Asset Management Inc. increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 70,156 shares of the company’s stock after purchasing an additional 453 shares during the quarter. Cozad Asset Management Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,625,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of RDVY. DAVENPORT & Co LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5.0% in the 3rd quarter. DAVENPORT & Co LLC now owns 6,475 shares of the company’s stock valued at $298,000 after buying an additional 309 shares during the last quarter. Sweet Financial Partners LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 0.6% in the 3rd quarter. Sweet Financial Partners LLC now owns 413,591 shares of the company’s stock valued at $19,005,000 after buying an additional 2,421 shares during the last quarter. Barrett & Company Inc. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 2.9% in the 3rd quarter. Barrett & Company Inc. now owns 31,798 shares of the company’s stock valued at $1,461,000 after buying an additional 903 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.3% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 1,887,417 shares of the company’s stock worth $86,727,000 after purchasing an additional 24,137 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $216,000.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.6 %

Shares of NASDAQ:RDVY traded down $0.89 on Tuesday, reaching $53.61. 226,814 shares of the company’s stock were exchanged, compared to its average volume of 788,312. The company has a fifty day moving average of $54.19 and a 200-day moving average of $50.86. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $42.42 and a twelve month high of $56.28. The company has a market capitalization of $10.13 billion, a price-to-earnings ratio of 9.78 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.2238 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a dividend yield of 1.67%.

First Trust NASDAQ Rising Dividend Achievers Company 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.