First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Holdings Raised by Next Level Private LLC

Next Level Private LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 262,333 shares of the company’s stock after acquiring an additional 15,253 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 6.3% of Next Level Private LLC’s investment portfolio, making the stock its biggest position. Next Level Private LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $15,514,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in RDVY. Sugarloaf Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Sound Income Strategies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $57,000. Blue Trust Inc. increased its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after buying an additional 1,179 shares during the period. Finally, Crewe Advisors LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.2 %

Shares of RDVY opened at $62.64 on Tuesday. 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 firm’s 50 day moving average price is $61.46 and its 200 day moving average price is $59.43. The company has a market cap of $13.57 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

About First Trust NASDAQ Rising Dividend Achievers

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.