Compass Capital Corp MA ADV Invests $2.82 Million in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Compass Capital Corp MA ADV purchased a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 47,623 shares of the company's stock, valued at approximately $2,816,000. First Trust NASDAQ Rising Dividend Achievers comprises approximately 1.1% of Compass Capital Corp MA ADV's investment portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in RDVY. International Assets Investment Management LLC grew its holdings in 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 valued at $402,823,000 after purchasing an additional 6,687,924 shares during the period. Global Assets Advisory LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $4,370,000. Mount Yale Investment Advisors LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5.9% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 57,114 shares of the company's stock valued at $3,382,000 after buying an additional 3,181 shares during the period. Silver Oak Securities Incorporated increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 6.1% in the 3rd quarter. Silver Oak Securities Incorporated now owns 204,727 shares of the company's stock valued at $12,069,000 after buying an additional 11,843 shares in the last quarter. Finally, Trueblood Wealth Management LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 56.3% during the 3rd quarter. Trueblood Wealth Management LLC now owns 12,066 shares of the company's stock worth $714,000 after buying an additional 4,347 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY remained flat at $61.36 during trading on Tuesday. The stock had a trading volume of 992,314 shares, compared to its average volume of 990,598. The firm has a 50 day simple moving average of $61.24 and a 200-day simple moving average of $60.30. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.26 and a fifty-two week high of $64.63. The firm has a market cap of $13.39 billion, a P/E ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

About First Trust NASDAQ Rising Dividend Achievers

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.