Barrett & Company Inc. Grows Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Barrett & Company Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,904 shares of the company’s stock after purchasing an additional 611 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises approximately 0.8% of Barrett & Company Inc.’s portfolio, making the stock its 29th biggest position. Barrett & Company Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,828,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Sound Income Strategies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Eastern Bank purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $57,000. Blue Trust Inc. raised its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after acquiring an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $62.63 on Friday. The stock has a fifty day moving average price of $61.38 and a two-hundred day moving average price of $59.73. The stock has a market capitalization of $13.66 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.2956 dividend. 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.