Principal Securities Inc. raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 58.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,172 shares of the company's stock after acquiring an additional 51,575 shares during the quarter. Principal Securities Inc. owned approximately 0.06% of First Trust NASDAQ Rising Dividend Achievers worth $8,290,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in the stock. Centerpoint Advisory Group purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at about $2,015,000. Puff Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at about $524,000. Hickory Asset Management Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $6,065,000. Walkner Condon Financial Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 6.4% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 56,027 shares of the company's stock valued at $3,313,000 after acquiring an additional 3,389 shares during the period. Finally, Hidden Cove Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $4,219,000.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of RDVY traded up $0.14 on Wednesday, reaching $63.39. 1,099,621 shares of the stock traded hands, compared to its average volume of 1,006,266. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $51.50 and a 12 month high of $64.63. The stock's 50-day moving average price is $61.23 and its 200-day moving average price is $60.10. The firm has a market cap of $13.83 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.
First Trust NASDAQ Rising Dividend Achievers Profile
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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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