Centerpoint Advisory Group acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 34,074 shares of the company’s stock, valued at approximately $2,015,000. First Trust NASDAQ Rising Dividend Achievers makes up about 1.9% of Centerpoint Advisory Group’s investment portfolio, making the stock its 17th biggest holding.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Sugarloaf Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Eastern Bank bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $57,000. Blue Trust Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after purchasing an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC grew its holdings 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 purchasing an additional 182 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Stock Up 0.6 %
NASDAQ:RDVY opened at $62.64 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $51.39 and a 12-month high of $64.63. The firm has a market capitalization of $13.66 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The stock’s 50 day moving average price is $61.18 and its two-hundred day moving average price is $59.97.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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