First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Position Boosted by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 199,004 shares of the company’s stock after acquiring an additional 1,687 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $11,769,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $25,000. Graney & King LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $27,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $40,000. Sound Income Strategies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 169.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock worth $53,000 after acquiring an additional 566 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.2 %

Shares of NASDAQ RDVY opened at $55.36 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.27 and a 12 month high of $64.63. The company has a market cap of $12.79 billion, a price-to-earnings ratio of 13.97 and a beta of 1.08. The business has a fifty day simple moving average of $58.90 and a 200-day simple moving average of $60.37.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. This represents a $1.02 annualized dividend and a yield of 1.84%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19.

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.