Kingswood Wealth Advisors LLC Has $3.07 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Kingswood Wealth Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 126.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,823 shares of the company's stock after buying an additional 28,927 shares during the quarter. Kingswood Wealth Advisors LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,065,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $40,000. Sound Income Strategies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Eastern Bank purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $57,000. Crewe Advisors LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock worth $97,000 after purchasing an additional 182 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter worth approximately $104,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.12 during trading hours on Monday, hitting $62.64. The company had a trading volume of 1,079,139 shares, compared to its average volume of 956,265. The firm's fifty day moving average is $61.46 and its 200-day moving average is $59.43. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The firm has a market capitalization of $13.57 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date 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.