First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,947 shares of the company’s stock after acquiring an additional 226 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $233,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of RDVY. Sugarloaf Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $40,000. Sound Income Strategies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $57,000. Blue Trust Inc. increased its holdings 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 purchasing an additional 1,179 shares during the period. Finally, Crewe Advisors LLC raised its stake 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 worth $97,000 after purchasing an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.3 %

Shares of NASDAQ RDVY opened at $61.19 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.43 and a 52 week high of $64.63. The business’s 50 day moving average price is $61.30 and its 200 day moving average price is $60.35. The firm has a market cap of $13.35 billion, a P/E ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.2956 dividend. 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.