Lineweaver Wealth Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 32.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,081 shares of the company's stock after purchasing an additional 18,405 shares during the period. Lineweaver Wealth Advisors LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,440,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in RDVY. Sugarloaf Wealth Management LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $57,000. Blue Trust Inc. raised its stake in shares of 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 acquiring an additional 1,179 shares during the period. Finally, Crewe Advisors LLC raised its position in 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 valued at $97,000 after purchasing an additional 182 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Stock Up 1.1 %
Shares of NASDAQ RDVY traded up $0.65 on Friday, hitting $61.47. The company had a trading volume of 867,618 shares, compared to its average volume of 979,847. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $52.59 and a 12-month high of $64.63. The firm has a market capitalization of $13.41 billion, a P/E ratio of 14.00 and a beta of 1.15. The business has a 50 day moving average of $61.39 and a two-hundred day moving average of $60.43.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date was Friday, December 13th.
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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