HighTower Advisors LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,320,075 shares of the company's stock after purchasing an additional 52,793 shares during the period. HighTower Advisors LLC owned about 0.61% of First Trust NASDAQ Rising Dividend Achievers worth $78,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of RDVY. MBE Wealth Management LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company's stock worth $240,000 after acquiring an additional 163 shares during the last quarter. Trueblood Wealth Management LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company's stock valued at $723,000 after purchasing an additional 167 shares during the last quarter. Pacific Sun Financial Corp raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company's stock valued at $360,000 after acquiring an additional 170 shares during the period. Crewe Advisors LLC raised its stake 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 acquiring an additional 182 shares during the period. Finally, L & S Advisors Inc raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company's stock valued at $1,146,000 after acquiring an additional 197 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of RDVY traded up $1.23 during midday trading on Friday, hitting $58.45. The stock had a trading volume of 790,490 shares, compared to its average volume of 759,697. The firm has a market cap of $12.75 billion, a PE ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.78 and a 1 year high of $64.63. The stock's 50 day moving average is $61.27 and its 200 day moving average is $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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