Forte Capital LLC ADV Has $505,000 Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Forte Capital LLC ADV raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,535 shares of the company’s stock after buying an additional 330 shares during the period. Forte Capital LLC ADV’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $505,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after buying an additional 953,708 shares during the period. International Assets Investment Management LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in 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 buying an additional 6,687,924 shares during the period. Private Advisor Group LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 11.9% in the fourth quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company’s stock valued at $108,526,000 after buying an additional 195,213 shares during the period. Stifel Financial Corp lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.2% in the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock valued at $99,224,000 after buying an additional 35,479 shares during the period. Finally, HighTower Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock valued at $75,007,000 after buying an additional 406,747 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 2.5 %

NASDAQ:RDVY opened at $61.25 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $51.90 and a 1-year high of $64.63. The business’s 50-day moving average price is $61.24 and its two-hundred day moving average price is $60.12. The firm has a market capitalization of $13.65 billion, a price-to-earnings ratio of 14.00 and a beta of 1.13.

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.

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.