First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Position Increased by RVW Wealth LLC

RVW Wealth LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.0% in the fourth quarter, Holdings Channel reports. The fund owned 639,327 shares of the company’s stock after purchasing an additional 6,382 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises 3.5% of RVW Wealth LLC’s investment portfolio, making the stock its 9th biggest holding. RVW Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $37,810,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. MBE Wealth Management LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock valued at $240,000 after buying an additional 163 shares during the last quarter. Trueblood Wealth Management LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after purchasing an additional 167 shares during the period. Financial Services Advisory Inc lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% during the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after buying an additional 170 shares in the last quarter. Crewe Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the period. Finally, L & S Advisors Inc grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock worth $1,146,000 after purchasing an additional 197 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY opened at $63.16 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The company has a fifty day moving average of $61.49 and a 200 day moving average of $59.53. The stock has a market capitalization of $13.74 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 disclosed 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 of this dividend 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.