Platform Technology Partners Boosts Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Platform Technology Partners grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 26.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,578 shares of the company’s stock after purchasing an additional 4,112 shares during the quarter. Platform Technology Partners’ holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,158,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Spectrum Wealth Advisory Group LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at $12,392,000. D.A. Davidson & CO. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% during the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after buying an additional 29,294 shares during the last quarter. Claro Advisors LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock worth $3,717,000 after acquiring an additional 14,235 shares during the period. Elios Financial Group Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth about $6,731,000. Finally, ORG Partners LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 259.3% in the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after acquiring an additional 145,866 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.9 %

Shares of NASDAQ:RDVY opened at $62.09 on Friday. The firm has a market capitalization of $13.54 billion, a PE ratio of 10.08 and a beta of 1.15. The company has a 50-day moving average price of $61.35 and a two-hundred day moving average price of $59.75. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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.