First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 17.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 153,695 shares of the company's stock after purchasing an additional 22,903 shares during the quarter. KMG Fiduciary Partners LLC owned approximately 0.07% of First Trust NASDAQ Rising Dividend Achievers worth $9,090,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Certified Advisory Corp boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 24.3% in the 4th quarter. Certified Advisory Corp now owns 59,408 shares of the company's stock valued at $3,513,000 after purchasing an additional 11,633 shares during the period. Pinnacle Bancorp Inc. boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 34.2% in the fourth quarter. Pinnacle Bancorp Inc. now owns 2,941 shares of the company's stock valued at $174,000 after acquiring an additional 750 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.2% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 143,987 shares of the company's stock worth $8,515,000 after acquiring an additional 15,651 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 102.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 61,301 shares of the company's stock valued at $3,625,000 after acquiring an additional 31,000 shares during the period. Finally, Park Avenue Securities LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 223.1% in the 4th quarter. Park Avenue Securities LLC now owns 11,827 shares of the company's stock valued at $699,000 after purchasing an additional 8,166 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.29 during midday trading on Friday, hitting $62.17. 684,838 shares of the company's stock were exchanged, compared to its average volume of 900,088. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $49.60 and a 12-month high of $64.63. The firm's 50 day simple moving average is $61.49 and its 200 day simple moving average is $59.05.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

About First Trust NASDAQ Rising Dividend Achievers

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.