First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by City Holding Co.

City Holding Co. raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 7.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 103,634 shares of the company’s stock after acquiring an additional 7,414 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up 0.9% of City Holding Co.’s investment portfolio, making the stock its 27th largest position. City Holding Co.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $6,128,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. International Assets Investment Management LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after purchasing an additional 6,687,924 shares during the last quarter. LPL Financial LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after buying an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock worth $66,838,000 after purchasing an additional 650,194 shares during the period. Commonwealth Equity Services LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after buying an additional 596,099 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock worth $75,007,000 after purchasing an additional 406,747 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $62.18 on Monday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $49.60 and a 52-week high of $64.63. The company has a 50-day moving average of $61.47 and a two-hundred day moving average of $59.16. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced 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 of this dividend 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.