First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Legacy Investment Solutions LLC

Legacy Investment Solutions LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 217.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,314 shares of the company's stock after purchasing an additional 11,169 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up about 0.6% of Legacy Investment Solutions LLC's portfolio, making the stock its 29th biggest position. Legacy Investment Solutions LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,013,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. ORG Partners LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company's stock valued at $11,953,000 after purchasing an additional 145,866 shares during the period. SMART Wealth LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 21.4% during the third quarter. SMART Wealth LLC now owns 95,355 shares of the company's stock worth $5,646,000 after buying an additional 16,777 shares during the period. Captrust Financial Advisors purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $247,000. Next Level Private LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 6.2% in the 4th quarter. Next Level Private LLC now owns 262,333 shares of the company's stock valued at $15,514,000 after acquiring an additional 15,253 shares during the period. Finally, Aspire Capital Advisors LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the 4th quarter. Aspire Capital Advisors LLC now owns 213,876 shares of the company's stock worth $12,649,000 after purchasing an additional 7,558 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY traded up $0.15 on Thursday, hitting $54.65. The company had a trading volume of 1,219,290 shares, compared to its average volume of 826,174. The stock has a market capitalization of $12.62 billion, a price-to-earnings ratio of 13.97 and a beta of 1.08. The stock has a fifty day moving average price of $58.75 and a 200-day moving average price of $60.33. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.27 and a 12-month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.2544 per share. This represents a $1.02 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19.

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.