First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 17.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,090 shares of the company’s stock after buying an additional 13,495 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,328,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $40,000. Sugarloaf Wealth Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $40,000. Eastern Bank acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $57,000. Crewe Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after purchasing an additional 182 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth $104,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY opened at $62.52 on Friday. The company has a 50-day simple moving average of $61.46 and a 200-day simple moving average of $59.40. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.24 and a 52 week high of $64.63. The firm 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 disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company 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.