WealthTrust Asset Management LLC Boosts Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

WealthTrust Asset Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 40.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,282 shares of the company’s stock after buying an additional 2,655 shares during the period. WealthTrust Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $549,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MBE Wealth Management LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the 4th quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock valued at $240,000 after purchasing an additional 163 shares in the last quarter. Trueblood Wealth Management LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% in the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock worth $723,000 after acquiring an additional 167 shares in the last quarter. Pacific Sun Financial Corp grew its position in First Trust NASDAQ Rising Dividend Achievers by 2.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock worth $360,000 after acquiring an additional 170 shares in the last quarter. Crewe Advisors LLC boosted its position 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 valued at $97,000 after buying an additional 182 shares during the period. Finally, L & S Advisors Inc boosted its position in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 2.1 %

NASDAQ RDVY opened at $58.45 on Friday. The firm has a market cap of $12.75 billion, a price-to-earnings ratio of 14.78 and a beta of 1.15. The company has a 50-day simple moving average of $61.27 and a two-hundred day simple moving average of $60.55. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $52.78 and a 12-month high of $64.63.

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.