First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by Walker Asset Management LLC

Walker Asset Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 20,021 shares of the company’s stock after purchasing an additional 400 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 0.7% of Walker Asset Management LLC’s portfolio, making the stock its 25th biggest holding. Walker Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,184,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Sugarloaf Wealth Management LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Eastern Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $57,000. Crewe Advisors LLC increased 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 worth $97,000 after buying an additional 182 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter worth $104,000. Finally, Venturi Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.5 %

RDVY opened at $62.18 on Friday. The firm has a market cap of $13.39 billion, a P/E ratio of 10.08 and a beta of 1.15. The business’s fifty day simple moving average is $61.47 and its 200 day simple moving average is $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 company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. The ex-dividend date 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.