Brookstone Capital Management boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 59.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,125 shares of the company's stock after purchasing an additional 10,888 shares during the quarter. Brookstone Capital Management's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,722,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of RDVY. International Assets Investment Management LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third 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 in the last quarter. LPL Financial LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock worth $1,203,528,000 after purchasing an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 135.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company's stock worth $66,838,000 after buying an additional 650,194 shares during the last quarter. Commonwealth Equity Services LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company's stock valued at $309,720,000 after buying an additional 596,099 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company's stock valued at $75,007,000 after buying an additional 406,747 shares during the last quarter.
First Trust NASDAQ Rising Dividend Achievers Trading Up 0.3 %
Shares of RDVY stock traded up $0.21 during trading hours on Thursday, reaching $61.88. 1,086,867 shares of the company's stock were exchanged, compared to its average volume of 928,957. The stock has a market cap of $13.30 billion, a PE ratio of 10.08 and a beta of 1.15. The stock's fifty day moving average price is $61.49 and its two-hundred day moving average price is $59.05. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $49.60 and a 1 year high of $64.63.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.2956 per share. 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.
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