Intellus Advisors LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 310,788 shares of the company's stock, valued at approximately $18,380,000. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 3.2% of Intellus Advisors LLC's holdings, making the stock its 9th largest position. Intellus Advisors LLC owned 0.14% of First Trust NASDAQ Rising Dividend Achievers as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the stock. MAI Capital Management raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 22.0% in the 3rd quarter. MAI Capital Management now owns 14,715 shares of the company's stock valued at $871,000 after purchasing an additional 2,657 shares in the last quarter. Moors & Cabot Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $271,000. L & S Advisors Inc lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company's stock valued at $1,146,000 after acquiring an additional 197 shares during the period. Citigroup Inc. raised its position in First Trust NASDAQ Rising Dividend Achievers by 7.3% during the third quarter. Citigroup Inc. now owns 300,031 shares of the company's stock worth $17,765,000 after acquiring an additional 20,531 shares during the last quarter. Finally, Covenant Asset Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $264,000.
First Trust NASDAQ Rising Dividend Achievers Stock Down 0.4 %
Shares of NASDAQ:RDVY traded down $0.25 during trading on Wednesday, reaching $59.66. The stock had a trading volume of 898,519 shares, compared to its average volume of 769,908. The stock has a market cap of $13.01 billion, a P/E ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.78 and a fifty-two week high of $64.63. The business has a fifty day moving average price of $61.17 and a 200-day moving average price of $60.65.
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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