Insight Inv LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 59,734 shares of the company's stock, valued at approximately $3,533,000. First Trust NASDAQ Rising Dividend Achievers comprises about 2.5% of Insight Inv LLC's investment portfolio, making the stock its 7th largest holding.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Sugarloaf Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Sound Income Strategies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $40,000. Eastern Bank bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $57,000. Crewe Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock valued at $97,000 after purchasing an additional 182 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth about $104,000.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
Shares of RDVY traded down $0.36 during mid-day trading on Friday, reaching $62.52. 856,319 shares of the company's stock traded hands, compared to its average volume of 948,075. The business's 50-day moving average price is $61.46 and its 200-day moving average price is $59.43. The stock has a market capitalization of $13.55 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.
About First Trust NASDAQ Rising Dividend Achievers
(
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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