Altus Wealth Group LLC Acquires 16,055 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Altus Wealth Group LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 419.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,887 shares of the company's stock after purchasing an additional 16,055 shares during the quarter. Altus Wealth Group LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,176,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in RDVY. Harbour Investments Inc. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5.5% during the fourth quarter. Harbour Investments Inc. now owns 558,670 shares of the company's stock valued at $33,040,000 after acquiring an additional 28,962 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 8.9% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 237,697 shares of the company's stock valued at $14,057,000 after purchasing an additional 19,525 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% in the fourth quarter. Kestra Advisory Services LLC now owns 2,572,894 shares of the company's stock worth $152,161,000 after purchasing an additional 46,729 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 7.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company's stock worth $333,550,000 after purchasing an additional 409,135 shares during the last quarter. Finally, Essential Planning LLC. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $1,341,000.

Remove Ads

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.5 %

NASDAQ RDVY traded down $0.29 during trading on Thursday, hitting $59.04. 584,668 shares of the stock traded hands, compared to its average volume of 768,364. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $52.78 and a 12-month high of $64.63. The firm has a 50-day simple moving average of $61.21 and a 200-day simple moving average of $60.56. The company has a market capitalization of $12.88 billion, a P/E ratio of 14.78 and a beta of 1.15.

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.