First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) is Hobart Private Capital LLC’s 4th Largest Position

Hobart Private Capital LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.2% in the fourth quarter, Holdings Channel reports. The fund owned 439,584 shares of the company’s stock after buying an additional 5,354 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 6.5% of Hobart Private Capital LLC’s investment portfolio, making the stock its 4th largest holding. Hobart Private Capital LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $25,997,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Spectrum Wealth Advisory Group LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth about $12,392,000. D.A. Davidson & CO. lifted its holdings 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 worth $39,918,000 after acquiring an additional 29,294 shares during the last quarter. Claro Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock worth $3,717,000 after purchasing an additional 14,235 shares during the period. Elios Financial Group Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $6,731,000. Finally, ORG Partners LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 259.3% in the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after purchasing an additional 145,866 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.9 %

RDVY opened at $62.09 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.24 and a 52 week high of $64.63. The business has a fifty day simple moving average of $61.31 and a 200-day simple moving average of $59.78. The firm has a market cap of $13.54 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company 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 of this dividend was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers 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.