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

TrueWealth Advisors LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,615 shares of the company’s stock after acquiring an additional 1,370 shares during the quarter. TrueWealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,106,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in RDVY. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Eastern Bank acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $57,000. Crewe Advisors LLC boosted its holdings in shares of 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 buying an additional 182 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $104,000. Finally, Venturi Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the third quarter worth about $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.5 %

Shares of RDVY stock opened at $62.18 on Friday. The company has a market cap of $13.39 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a 50 day moving average of $61.47 and a two-hundred day moving average of $59.10. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $49.60 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.2956 per share. 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.