Essential Planning LLC. Invests $1.34 Million in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Essential Planning LLC. acquired a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 22,200 shares of the company’s stock, valued at approximately $1,341,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MBE Wealth Management LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after acquiring an additional 163 shares during the period. Trueblood Wealth Management LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after buying an additional 167 shares during the period. Pacific Sun Financial Corp grew its position in First Trust NASDAQ Rising Dividend Achievers by 2.9% during the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock valued at $360,000 after buying an additional 170 shares during the period. Crewe Advisors LLC grew 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 valued at $97,000 after buying an additional 182 shares during the period. Finally, L & S Advisors Inc grew its position in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY stock opened at $57.87 on Thursday. The firm has a market cap of $13.05 billion, a PE ratio of 14.78 and a beta of 1.14. The firm’s fifty day moving average is $61.33 and its 200 day moving average is $60.55. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year high of $64.63.

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.