First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 31.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 120,161 shares of the company's stock after acquiring an additional 28,960 shares during the period. Cornerstone Wealth Management LLC owned about 0.06% of First Trust NASDAQ Rising Dividend Achievers worth $7,106,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Spectrum Wealth Advisory Group LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth $12,392,000. D.A. Davidson & CO. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the third quarter. D.A. Davidson & CO. now owns 674,180 shares of the company's stock worth $39,918,000 after purchasing an additional 29,294 shares in the last quarter. Claro Advisors LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 29.3% in the third quarter. Claro Advisors LLC now owns 62,771 shares of the company's stock valued at $3,717,000 after buying an additional 14,235 shares during the last quarter. Elios Financial Group Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at approximately $6,731,000. Finally, ORG Partners LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company's stock worth $11,953,000 after buying an additional 145,866 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.6 %

Shares of RDVY traded down $0.36 during mid-day trading on Friday, hitting $62.52. The stock had a trading volume of 856,319 shares, compared to its average volume of 948,075. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The company has a market cap of $13.52 billion, a PE ratio of 10.08 and a beta of 1.15. The company's fifty day simple moving average is $61.46 and its two-hundred day simple moving average is $59.37.

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 issued a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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.