Wealthcare Advisory Partners LLC Increases Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Wealthcare Advisory Partners LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 21.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 87,407 shares of the company’s stock after buying an additional 15,580 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,169,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Eastern Bank purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $57,000. Crewe Advisors LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third 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. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $104,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at about $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.4 %

RDVY opened at $62.16 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $49.60 and a 52 week high of $64.63. The business has a 50 day moving average price of $61.49 and a two-hundred day moving average price of $59.05. The company has a market cap of $13.38 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.