DAVENPORT & Co LLC Grows Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

DAVENPORT & Co LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 94.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 98,619 shares of the company's stock after acquiring an additional 48,006 shares during the period. DAVENPORT & Co LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,832,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Eastern Bank purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $57,000. Blue Trust Inc. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock valued at $72,000 after purchasing an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock valued at $97,000 after buying an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.7 %

NASDAQ:RDVY traded down $0.42 during trading hours on Friday, hitting $62.21. The stock had a trading volume of 392,400 shares, compared to its average volume of 966,689. The business has a 50 day simple moving average of $61.35 and a two-hundred day simple moving average of $59.75. The company has a market cap of $13.57 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. 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.