Harbour Investments Inc. Acquires 28,962 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Harbour Investments Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 5.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 558,670 shares of the company's stock after buying an additional 28,962 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for about 0.9% of Harbour Investments Inc.'s investment portfolio, making the stock its 18th largest position. Harbour Investments Inc. owned about 0.26% of First Trust NASDAQ Rising Dividend Achievers worth $33,040,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $25,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Eastern Bank acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $57,000. Finally, Blue Trust Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock worth $72,000 after purchasing an additional 1,179 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY traded down $0.29 during trading on Thursday, hitting $59.04. 584,668 shares of the stock were exchanged, compared to its average volume of 768,364. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63. The company has a market capitalization of $12.88 billion, a price-to-earnings ratio of 14.78 and a beta of 1.15. The company's fifty day simple moving average is $61.21 and its 200-day simple moving average is $60.56.

Remove Ads

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.