GSG Advisors LLC Has $9.36 Million Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

GSG Advisors LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 10.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 158,292 shares of the company’s stock after buying an additional 14,670 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises about 3.0% of GSG Advisors LLC’s portfolio, making the stock its 7th largest holding. GSG Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $9,361,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $29,000. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Eastern Bank bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $57,000. Crewe Advisors LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after purchasing an additional 182 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $104,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY opened at $59.83 on Tuesday. The firm has a market cap of $12.86 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $49.60 and a 52 week high of $64.63. The firm’s fifty day moving average is $61.52 and its 200-day moving average is $58.97.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

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.