Foundations Investment Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 6.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 298,004 shares of the company's stock after buying an additional 18,743 shares during the period. Foundations Investment Advisors LLC owned 0.14% of First Trust NASDAQ Rising Dividend Achievers worth $17,624,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Sugarloaf Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Eastern Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $57,000. Blue Trust Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock valued at $72,000 after acquiring an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% during 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 in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %
RDVY stock traded up $0.12 during mid-day trading on Monday, reaching $62.64. 1,079,139 shares of the stock traded hands, compared to its average volume of 956,265. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63. The company has a market cap of $13.57 billion, a P/E ratio of 10.08 and a beta of 1.15. The stock's fifty day moving average is $61.46 and its 200-day moving average is $59.43.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid 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
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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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