Cozad Asset Management Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 8.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 86,229 shares of the company's stock after acquiring an additional 6,731 shares during the period. Cozad Asset Management Inc.'s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,100,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at approximately $593,242,000. LPL Financial LLC lifted its stake 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 valued at $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 650,194 shares during the period. Commonwealth Equity Services LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company's stock worth $333,550,000 after purchasing an additional 409,135 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 47.3% in the 3rd 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 period.
First Trust NASDAQ Rising Dividend Achievers Trading Down 0.8 %
NASDAQ RDVY traded down $0.46 during trading hours on Friday, reaching $58.58. The company had a trading volume of 620,712 shares, compared to its average volume of 768,400. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63. The stock has a market capitalization of $12.78 billion, a P/E ratio of 14.78 and a beta of 1.15. The stock has a 50-day moving average of $61.19 and a 200 day moving average of $60.55.
First Trust NASDAQ Rising Dividend Achievers Company Profile
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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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