Concurrent Investment Advisors LLC Purchases 4,738 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Concurrent Investment Advisors LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 199,258 shares of the company’s stock after acquiring an additional 4,738 shares during the period. Concurrent Investment Advisors LLC owned 0.09% of First Trust NASDAQ Rising Dividend Achievers worth $11,784,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of RDVY. Sugarloaf Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $40,000. Sound Income Strategies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $57,000. Blue Trust Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after purchasing an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC grew its holdings in shares of 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 purchasing an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %

Shares of NASDAQ RDVY opened at $63.39 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $51.50 and a 12 month high of $64.63. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The business has a 50-day moving average of $61.23 and a 200-day moving average of $60.10.

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 paid 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.