Janney Montgomery Scott LLC Grows Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Janney Montgomery Scott LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 12.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 667,203 shares of the company's stock after acquiring an additional 74,539 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.31% of First Trust NASDAQ Rising Dividend Achievers worth $39,458,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $40,000. Eastern Bank bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $57,000. Crewe Advisors LLC raised its stake in shares of 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. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at $104,000. Finally, Venturi Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.7 %

Shares of NASDAQ:RDVY traded down $0.44 during midday trading on Friday, reaching $62.44. 641,487 shares of the company traded hands, compared to its average volume of 932,658. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The firm's fifty day moving average price is $61.44 and its two-hundred day moving average price is $59.29.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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