Harvest Investment Services LLC Buys 2,892 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Harvest Investment Services LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 68,820 shares of the company’s stock after buying an additional 2,892 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up approximately 1.0% of Harvest Investment Services LLC’s portfolio, making the stock its 21st largest holding. Harvest Investment Services LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,070,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. ORG Partners LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 259.3% in the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after purchasing an additional 145,866 shares in the last quarter. SMART Wealth LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 21.4% in the 3rd quarter. SMART Wealth LLC now owns 95,355 shares of the company’s stock valued at $5,646,000 after purchasing an additional 16,777 shares during the period. Next Level Private LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 6.2% during the fourth quarter. Next Level Private LLC now owns 262,333 shares of the company’s stock valued at $15,514,000 after purchasing an additional 15,253 shares in the last quarter. Aspire Capital Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% in the 4th quarter. Aspire Capital Advisors LLC now owns 213,876 shares of the company’s stock worth $12,649,000 after purchasing an additional 7,558 shares during the last quarter. Finally, Hidden Cove Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $4,219,000.

First Trust NASDAQ Rising Dividend Achievers Trading Down 2.2 %

NASDAQ:RDVY opened at $53.44 on Tuesday. The company has a 50 day simple moving average of $58.28 and a two-hundred day simple moving average of $60.24. 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 $12.35 billion, a PE ratio of 13.97 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.2544 dividend. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.90%.

About First Trust NASDAQ Rising Dividend Achievers

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.