JPMorgan Chase & Co. Buys 650,194 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

JPMorgan Chase & Co. increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 135.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,128,835 shares of the company's stock after buying an additional 650,194 shares during the quarter. JPMorgan Chase & Co. owned 0.55% of First Trust NASDAQ Rising Dividend Achievers worth $66,838,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of RDVY. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth $29,000. Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at about $34,000. Hazlett Burt & Watson Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company's stock worth $40,000 after buying an additional 260 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $48,000. Finally, Crewe Advisors LLC grew its holdings 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 in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.1 %

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.67 during mid-day trading on Friday, reaching $59.66. 1,022,286 shares of the company's stock were exchanged, compared to its average volume of 970,443. The business's fifty day simple moving average is $61.48 and its 200 day simple moving average is $58.71. First Trust NASDAQ Rising Dividend Achievers has a one year low of $49.60 and a one year high of $64.63. The firm has a market capitalization of $12.30 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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.