First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 8.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 729,399 shares of the company's stock after purchasing an additional 55,219 shares during the period. D.A. Davidson & CO. owned approximately 0.34% of First Trust NASDAQ Rising Dividend Achievers worth $43,137,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in 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 buying an additional 6,687,924 shares in the last quarter. LPL Financial LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after acquiring an additional 953,708 shares during the period. JPMorgan Chase & Co. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company's stock valued at $66,838,000 after acquiring an additional 650,194 shares during the period. HighTower Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company's stock worth $75,007,000 after purchasing an additional 406,747 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,198.7% during the 3rd quarter. Benjamin Edwards Inc. now owns 336,786 shares of the company's stock worth $19,947,000 after purchasing an additional 330,430 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 2.5 %

Shares of RDVY traded down $1.56 during trading hours on Friday, reaching $61.25. The company had a trading volume of 711,388 shares, compared to its average volume of 995,932. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $51.90 and a 12-month high of $64.63. The firm has a 50 day simple moving average of $61.24 and a 200-day simple moving average of $60.12. The company has a market capitalization of $13.65 billion, a price-to-earnings ratio of 14.00 and a beta of 1.13.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced 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 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.