SteelPeak Wealth LLC Has $2.25 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

SteelPeak Wealth LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,021 shares of the company’s stock after buying an additional 782 shares during the quarter. SteelPeak Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,249,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $57,000. Blue Trust Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after buying an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC lifted its position in shares of 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 buying an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %

RDVY stock opened at $62.72 on Thursday. The business’s 50 day simple moving average is $61.49 and its 200 day simple moving average is $59.53. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63. The firm has a market capitalization of $13.64 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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