Whipplewood Advisors LLC Invests $290,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Whipplewood Advisors LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,907 shares of the company's stock, valued at approximately $290,000.

Other institutional investors also recently modified their holdings of the company. Spectrum Wealth Advisory Group LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $12,392,000. D.A. Davidson & CO. raised its position in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company's stock valued at $39,918,000 after purchasing an additional 29,294 shares during the last quarter. Elios Financial Group Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $6,731,000. Claro Advisors LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 29.3% in the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company's stock valued at $3,717,000 after purchasing an additional 14,235 shares during the last quarter. Finally, ORG Partners LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% during the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company's stock worth $11,953,000 after acquiring an additional 145,866 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.1 %

NASDAQ RDVY traded up $0.65 on Friday, reaching $61.47. The company had a trading volume of 867,618 shares, compared to its average volume of 979,847. The stock's 50 day moving average is $61.39 and its 200-day moving average is $60.43. The stock has a market cap of $13.41 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. 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. Shareholders 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 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.