Simplicity Wealth LLC reduced its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 65.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,697 shares of the company's stock after selling 8,869 shares during the period. Simplicity Wealth LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $278,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of RDVY. LPL Financial LLC boosted its position in shares of 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 buying an additional 953,708 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $593,242,000. Private Advisor Group LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 11.9% in the fourth quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company's stock worth $108,526,000 after acquiring an additional 195,213 shares during the last quarter. Stifel Financial Corp increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% in the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company's stock valued at $99,224,000 after purchasing an additional 35,479 shares during the period. Finally, HighTower Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 47.3% in 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 in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Stock Up 2.1 %
NASDAQ:RDVY traded up $1.23 during trading hours on Friday, reaching $58.45. 790,490 shares of the company's stock were exchanged, compared to its average volume of 758,472. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.78 and a 12 month high of $64.63. The business's 50-day simple moving average is $61.30 and its two-hundred day simple moving average is $60.53. The company has a market capitalization of $12.75 billion, a P/E ratio of 14.78 and a beta of 1.15.
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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