CreativeOne Wealth LLC Increases Holdings in First Trust NASDAQ Rising Dividend Achievers

CreativeOne Wealth LLC has significantly increased its position in the First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by an impressive 295.6% during the third quarter, as revealed in the latest filing with the Securities and Exchange Commission (SEC). Following this surge, the fund now owns a total of 44,098 shares of RDVY after acquiring an additional 32,950 shares throughout the quarter. The reported value of CreativeOne Wealth LLC's investments in First Trust NASDAQ Rising Dividend Achievers stands at approximately $2,611,000 as per the recent SEC filing.

In addition to CreativeOne Wealth LLC, several other institutional investors and hedge funds have also made notable adjustments to their investments in First Trust NASDAQ Rising Dividend Achievers. For example, LPL Financial LLC increased its holdings by 4.9% during the third quarter, now owning 20,326,430 shares valued at around $1,203,528,000 after purchasing an additional 953,708 shares. Similarly, Raymond James Financial Services Advisors Inc. lifted its stake by 18.7% in the second quarter, bringing its total to 6,872,756 shares worth approximately $376,283,000 after acquiring an additional 1,084,117 shares.

International Assets Investment Management LLC reported a remarkable increase of 5,796.9% in its holdings during the third quarter, now owning 6,803,294 shares valued at $402,823,000 after adding 6,687,924 shares. Commonwealth Equity Services LLC also boosted its stakes by 12.9% during the same quarter, increasing its ownership to 5,230,868 shares worth roughly $309,720,000 following the acquisition of an additional 596,099 shares. Envestnet Asset Management Inc. increased its holdings by 5.2% in the second quarter, with 3,209,445 shares valued at $175,717,000 after acquiring 159,003 additional shares.

First Trust NASDAQ Rising Dividend Achievers Stock Overview

On Thursday, shares of RDVY opened at $64.06. The stock has a 50-day moving average price of $60.56 and a 200-day average price of $57.57. Over the past year, First Trust NASDAQ Rising Dividend Achievers has seen a low of $47.18 and a high of $64.63. The market capitalization stands at $13.21 billion, with a price-to-earnings (P/E) ratio of 10.08 and a beta of 1.15, indicating some volatility compared to the broader market.

Dividend Information

The company recently announced a quarterly dividend, which was paid out on Monday, September 30th. Shareholders who were on record as of Thursday, September 26th, received a dividend of $0.1912 per share, reflecting an annualized dividend of $0.76 and a dividend yield of 1.19%.

About First Trust NASDAQ Rising Dividend Achievers

The First Trust Rising Dividend Achievers ETF (RDVY) is designed to track the NASDAQ US Rising Dividend Achievers index. This exchange-traded fund focuses on 50 large-cap stocks that have a history of increasing their dividends consistently. Launched on January 6, 2014, the fund is managed by First Trust.

investments, dividends, ETFs