Daymark Wealth Partners LLC Purchases 2,688 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Daymark Wealth Partners LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 94,765 shares of the company’s stock after acquiring an additional 2,688 shares during the quarter. Daymark Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,604,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Genesis Private Wealth LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $5,631,000. Koshinski Asset Management Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 2.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 518,874 shares of the company’s stock valued at $30,686,000 after purchasing an additional 13,647 shares in the last quarter. SFG Wealth Management LLC. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 15.4% in the fourth quarter. SFG Wealth Management LLC. now owns 13,004 shares of the company’s stock valued at $769,000 after purchasing an additional 1,734 shares in the last quarter. Willner & Heller LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2.1% during the fourth quarter. Willner & Heller LLC now owns 52,983 shares of the company’s stock valued at $3,133,000 after purchasing an additional 1,068 shares during the last quarter. Finally, Trueblood Wealth Management LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 1.4% in the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock worth $723,000 after buying an additional 167 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ RDVY opened at $62.65 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63. The company has a fifty day moving average of $61.45 and a 200-day moving average of $59.21. The company has a market capitalization of $13.55 billion, a P/E 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. Shareholders 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.