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Genesis Private Wealth LLC Makes New $5.63 Million Investment in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

First Trust NASDAQ Rising Dividend Achievers logo with Manufacturing background

Genesis Private Wealth LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 95,219 shares of the company's stock, valued at approximately $5,631,000. First Trust NASDAQ Rising Dividend Achievers comprises 3.1% of Genesis Private Wealth LLC's portfolio, making the stock its 9th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in RDVY. EverSource Wealth Advisors LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 25.9% during the second quarter. EverSource Wealth Advisors LLC now owns 3,145 shares of the company's stock worth $184,000 after buying an additional 647 shares during the last quarter. Daymark Wealth Partners LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5.9% during the 2nd quarter. Daymark Wealth Partners LLC now owns 84,505 shares of the company's stock worth $4,627,000 after acquiring an additional 4,693 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 4.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company's stock worth $101,994,000 after acquiring an additional 71,047 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 65.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 5,878 shares of the company's stock worth $322,000 after purchasing an additional 2,323 shares during the last quarter. Finally, Gateway Wealth Partners LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 10.1% in the 2nd quarter. Gateway Wealth Partners LLC now owns 77,216 shares of the company's stock valued at $4,228,000 after purchasing an additional 7,098 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.1 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.06 during trading on Wednesday, reaching $62.71. The company's stock had a trading volume of 921,579 shares, compared to its average volume of 930,976. The business's 50-day moving average price is $61.44 and its 200-day moving average price is $59.27. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.24 and a 52 week high of $64.63. The firm has a market cap of $13.56 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 paid a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company Profile

(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.

Further Reading

Institutional Ownership by Quarter for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

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