Pine Valley Investments Ltd Liability Co Grows Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Pine Valley Investments Ltd Liability Co increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,341 shares of the company's stock after purchasing an additional 8,011 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 0.8% of Pine Valley Investments Ltd Liability Co's holdings, making the stock its 22nd biggest position. Pine Valley Investments Ltd Liability Co owned 0.11% of First Trust NASDAQ Rising Dividend Achievers worth $14,036,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of RDVY. LPL Financial LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after purchasing an additional 953,708 shares during the period. JPMorgan Chase & Co. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 135.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company's stock valued at $66,838,000 after buying an additional 650,194 shares during the last quarter. HighTower Advisors LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the 3rd 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 period. Benjamin Edwards Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,198.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 336,786 shares of the company's stock worth $19,947,000 after buying an additional 330,430 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter worth $12,392,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.1 %

RDVY stock traded up $0.65 during trading on Friday, reaching $61.47. The stock had a trading volume of 867,618 shares, compared to its average volume of 979,847. The firm has a market cap of $13.41 billion, a PE ratio of 14.00 and a beta of 1.15. The stock's 50 day moving average is $61.35 and its two-hundred day moving average is $60.35. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.59 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced 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.