Kestra Advisory Services LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,572,894 shares of the company's stock after acquiring an additional 46,729 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 0.8% of Kestra Advisory Services LLC's investment portfolio, making the stock its 14th biggest holding. Kestra Advisory Services LLC owned approximately 1.18% of First Trust NASDAQ Rising Dividend Achievers worth $152,161,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of RDVY. Cullen Frost Bankers Inc. purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $25,000. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Sound Income Strategies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Eastern Bank purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $57,000. Finally, Blue Trust Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock valued at $72,000 after buying an additional 1,179 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Stock Up 1.2 %
RDVY traded up $0.72 during trading on Wednesday, reaching $59.33. The company's stock had a trading volume of 879,953 shares, compared to its average volume of 767,922. The company has a market cap of $12.94 billion, a price-to-earnings ratio of 14.78 and a beta of 1.15. The firm has a fifty day simple moving average of $61.22 and a two-hundred day simple moving average of $60.57. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.78 and a 1 year high of $64.63.
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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