Betterment LLC Acquires 15,629 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Betterment LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 77.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,869 shares of the company's stock after acquiring an additional 15,629 shares during the quarter. Betterment LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,121,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in RDVY. ORG Partners LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 259.3% during the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company's stock worth $11,953,000 after acquiring an additional 145,866 shares in the last quarter. SMART Wealth LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 21.4% during the 3rd quarter. SMART Wealth LLC now owns 95,355 shares of the company's stock valued at $5,646,000 after purchasing an additional 16,777 shares during the last quarter. Next Level Private LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 6.2% during the 4th quarter. Next Level Private LLC now owns 262,333 shares of the company's stock valued at $15,514,000 after purchasing an additional 15,253 shares during the last quarter. Aspire Capital Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 3.7% during the 4th quarter. Aspire Capital Advisors LLC now owns 213,876 shares of the company's stock valued at $12,649,000 after purchasing an additional 7,558 shares during the last quarter. Finally, Hidden Cove Wealth Management LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $4,219,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.2 %

Shares of NASDAQ RDVY opened at $56.69 on Monday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.27 and a twelve month high of $64.63. The stock's 50 day moving average price is $57.75 and its 200-day moving average price is $60.16. The company has a market capitalization of $13.16 billion, a PE ratio of 13.97 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2544 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19.

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.

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