Hidden Cove Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 71,332 shares of the company's stock, valued at approximately $4,219,000. First Trust NASDAQ Rising Dividend Achievers makes up about 3.4% of Hidden Cove Wealth Management LLC's holdings, making the stock its 7th largest holding.
Other institutional investors and hedge funds have also made changes to their positions in the company. Sugarloaf Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Sound Income Strategies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $40,000. Eastern Bank purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $57,000. Blue Trust Inc. boosted its stake in shares of 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 valued at $72,000 after buying an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC boosted its stake in shares of 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 valued at $97,000 after buying an additional 182 shares during the last quarter.
First Trust NASDAQ Rising Dividend Achievers Stock Up 0.6 %
Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.39 on Friday, hitting $62.64. 1,183,590 shares of the company's stock traded hands, compared to its average volume of 1,010,110. The stock has a market cap of $13.66 billion, a P/E ratio of 10.08 and a beta of 1.15. The firm's 50-day moving average is $61.18 and its 200 day moving average is $59.97. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $51.39 and a 52-week high of $64.63.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently disclosed 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.
First Trust NASDAQ Rising Dividend Achievers Company Profile
(
Free Report)
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.
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