Global Retirement Partners LLC Raises Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Global Retirement Partners LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 46.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,595 shares of the company's stock after purchasing an additional 55,406 shares during the quarter. Global Retirement Partners LLC owned approximately 0.08% of First Trust NASDAQ Rising Dividend Achievers worth $10,326,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after acquiring an additional 953,708 shares in the last quarter. International Assets Investment Management LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock worth $402,823,000 after acquiring an additional 6,687,924 shares during the last quarter. Stifel Financial Corp lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company's stock worth $99,224,000 after acquiring an additional 35,479 shares during the period. Private Advisor Group LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 1.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company's stock valued at $97,095,000 after purchasing an additional 28,765 shares during the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company's stock worth $75,007,000 after purchasing an additional 406,747 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ RDVY traded down $1.56 during trading hours on Friday, reaching $61.25. The stock had a trading volume of 711,388 shares, compared to its average volume of 995,932. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $51.90 and a 52-week high of $64.63. The stock has a fifty day moving average of $61.24 and a 200 day moving average of $60.12. The stock has a market cap of $13.65 billion, a P/E ratio of 14.00 and a beta of 1.13.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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

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.