Creekmur Asset Management LLC Has $611,000 Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Creekmur Asset Management LLC cut its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,334 shares of the company’s stock after selling 510 shares during the quarter. Creekmur Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $611,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% in the fourth quarter. LPL Financial LLC now owns 21,307,144 shares of the company’s stock valued at $1,260,104,000 after purchasing an additional 980,714 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $593,242,000. Commonwealth Equity Services LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company’s stock valued at $333,550,000 after purchasing an additional 409,135 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% during the fourth quarter. Kestra Advisory Services LLC now owns 2,572,894 shares of the company’s stock worth $152,161,000 after purchasing an additional 46,729 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 11.9% during the 4th quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company’s stock worth $108,526,000 after purchasing an additional 195,213 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY opened at $58.79 on Wednesday. The company has a market capitalization of $12.83 billion, a P/E ratio of 14.89 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.78 and a fifty-two week high of $64.63. The stock has a fifty day moving average of $60.84 and a 200-day moving average of $60.73.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.2544 dividend. This is a boost from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19. This represents a $1.02 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Thursday, March 27th.

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.