Next Level Private LLC Has $15.51 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Next Level Private LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 6.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 262,333 shares of the company's stock after purchasing an additional 15,253 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises approximately 6.3% of Next Level Private LLC's portfolio, making the stock its biggest holding. Next Level Private LLC owned approximately 0.12% of First Trust NASDAQ Rising Dividend Achievers worth $15,514,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of RDVY. International Assets Investment Management LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock valued at $402,823,000 after acquiring an additional 6,687,924 shares during the last quarter. LPL Financial LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock worth $1,203,528,000 after purchasing an additional 953,708 shares during the period. JPMorgan Chase & Co. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company's stock worth $66,838,000 after purchasing an additional 650,194 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company's stock valued at $309,720,000 after buying an additional 596,099 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company's stock valued at $75,007,000 after buying an additional 406,747 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.0 %

Shares of RDVY traded down $0.64 during trading hours on Friday, hitting $62.59. The company had a trading volume of 1,244,778 shares, compared to its average volume of 966,826. The firm has a market cap of $13.61 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63. The stock's 50 day moving average price is $61.50 and its 200 day moving average price is $59.57.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

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.