First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Position Increased by Mutual Advisors LLC

Mutual Advisors LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 52,551 shares of the company’s stock after purchasing an additional 767 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,252,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Spectrum Wealth Advisory Group LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth about $12,392,000. D.A. Davidson & CO. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after purchasing an additional 29,294 shares during the period. Claro Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 29.3% in the third quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after purchasing an additional 14,235 shares in the last quarter. Elios Financial Group Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $6,731,000. Finally, ORG Partners LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock worth $11,953,000 after purchasing an additional 145,866 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $62.88 on Friday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The company has a market cap of $13.60 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The stock has a fifty day moving average price of $61.44 and a 200-day moving average price of $59.29.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.2956 per share. 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.