Armbruster Capital Management Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,255 shares of the company's stock, valued at approximately $252,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after acquiring an additional 953,708 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock worth $402,823,000 after purchasing an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company's stock valued at $309,720,000 after purchasing an additional 596,099 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 10.3% during the 2nd quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company's stock worth $136,668,000 after purchasing an additional 232,129 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in First Trust NASDAQ Rising Dividend Achievers by 4.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company's stock worth $101,994,000 after purchasing an additional 71,047 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Price Performance
RDVY stock traded up $0.12 during midday trading on Monday, reaching $62.64. 1,079,139 shares of the company's stock traded hands, compared to its average volume of 956,265. The business has a 50-day moving average price of $61.46 and a two-hundred day moving average price of $59.43. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The company has a market capitalization of $13.57 billion, a P/E ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.
About First Trust NASDAQ Rising Dividend Achievers
(
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.
Read More
Before you consider First Trust NASDAQ Rising Dividend Achievers, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust NASDAQ Rising Dividend Achievers wasn't on the list.
While First Trust NASDAQ Rising Dividend Achievers currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
