Concurrent Investment Advisors LLC Buys 4,738 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Concurrent Investment Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 199,258 shares of the company's stock after acquiring an additional 4,738 shares during the period. Concurrent Investment Advisors LLC owned 0.09% of First Trust NASDAQ Rising Dividend Achievers worth $11,784,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. WealthCare Investment Partners LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.6% in the 4th quarter. WealthCare Investment Partners LLC now owns 59,660 shares of the company's stock valued at $3,519,000 after purchasing an additional 344 shares during the last quarter. Private Advisor Group LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 11.9% during the fourth quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company's stock valued at $108,526,000 after acquiring an additional 195,213 shares during the last quarter. Flagstar Advisors Inc. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.0% in the fourth quarter. Flagstar Advisors Inc. now owns 59,578 shares of the company's stock valued at $3,523,000 after acquiring an additional 1,155 shares during the period. Global Retirement Partners LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 46.5% in the 4th quarter. Global Retirement Partners LLC now owns 174,595 shares of the company's stock worth $10,326,000 after acquiring an additional 55,406 shares during the last quarter. Finally, Proactive Wealth Strategies LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5.9% during the 4th quarter. Proactive Wealth Strategies LLC now owns 66,251 shares of the company's stock worth $3,918,000 after purchasing an additional 3,697 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.5 %

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.31 during midday trading on Monday, reaching $61.56. The stock had a trading volume of 666,161 shares, compared to its average volume of 985,773. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $52.26 and a 52-week high of $64.63. The company has a fifty day moving average of $61.24 and a 200 day moving average of $60.26. The firm has a market cap of $13.43 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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