Moloney Securities Asset Management LLC Has $1.01 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Moloney Securities Asset Management LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,113 shares of the company’s stock after purchasing an additional 483 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,012,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after acquiring an additional 6,687,924 shares during the period. LPL Financial LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after buying an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. grew its position in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after acquiring an additional 650,194 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after purchasing an additional 596,099 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock worth $75,007,000 after buying an additional 406,747 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY opened at $62.09 on Monday. The stock has a fifty day moving average price of $61.31 and a two-hundred day moving average price of $59.80. The company has a market cap of $13.54 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business 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 of this dividend was Friday, December 13th.

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.