First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by Aspire Capital Advisors LLC

Aspire Capital Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 213,876 shares of the company's stock after purchasing an additional 7,558 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises approximately 3.6% of Aspire Capital Advisors LLC's holdings, making the stock its 8th largest holding. Aspire Capital Advisors LLC owned 0.10% of First Trust NASDAQ Rising Dividend Achievers worth $12,649,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Sugarloaf Wealth Management LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $57,000. Blue Trust Inc. grew its stake in 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 acquiring an additional 1,179 shares during the period. Finally, Crewe Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during 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 period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY stock traded down $0.65 during mid-day trading on Friday, hitting $62.58. 1,286,103 shares of the company were exchanged, compared to its average volume of 969,655. The firm has a market cap of $13.61 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63. The firm's 50 day simple moving average is $61.50 and its 200 day simple moving average is $59.57.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company 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.