City Holding Co. Acquires 7,414 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

City Holding Co. raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 7.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,634 shares of the company's stock after purchasing an additional 7,414 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for about 0.9% of City Holding Co.'s holdings, making the stock its 27th biggest holding. City Holding Co.'s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $6,128,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of RDVY. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $40,000. Eastern Bank bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $57,000. Crewe Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock valued at $97,000 after acquiring an additional 182 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter worth approximately $104,000. Finally, Venturi Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the third quarter worth $105,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ RDVY traded up $0.30 during mid-day trading on Monday, reaching $62.18. 842,642 shares of the company's stock traded hands, compared to its average volume of 921,104. The business has a 50-day simple moving average of $61.45 and a 200 day simple moving average of $59.21. The stock has a market cap of $13.39 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 $49.60 and a 1-year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

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.