Compass Capital Corp MA ADV Purchases New Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Compass Capital Corp MA ADV purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 47,623 shares of the company’s stock, valued at approximately $2,816,000. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.1% of Compass Capital Corp MA ADV’s holdings, making the stock its 24th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Spectrum Wealth Advisory Group LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at $12,392,000. D.A. Davidson & CO. raised its holdings in 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 period. Elios Financial Group Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at $6,731,000. Claro Advisors LLC raised its holdings in 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 valued at $3,717,000 after buying an additional 14,235 shares during the period. Finally, ORG Partners LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 259.3% during the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after buying an additional 145,866 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $62.81 on Friday. The stock’s fifty day moving average is $61.24 and its 200 day moving average is $60.12. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $51.52 and a fifty-two week high of $64.63. The firm has a market capitalization of $13.70 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm 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 of this dividend 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.