Janney Montgomery Scott LLC Increases Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Janney Montgomery Scott LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 12.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 667,203 shares of the company’s stock after acquiring an additional 74,539 shares during the quarter. Janney Montgomery Scott LLC owned about 0.31% of First Trust NASDAQ Rising Dividend Achievers worth $39,458,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Spectrum Wealth Advisory Group LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth $12,392,000. D.A. Davidson & CO. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the third quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after purchasing an additional 29,294 shares during the last quarter. Claro Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 29.3% during the 3rd quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after purchasing an additional 14,235 shares in the last quarter. Elios Financial Group Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $6,731,000. Finally, ORG Partners LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after purchasing an additional 145,866 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY opened at $62.88 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.24 and a 12-month high of $64.63. The stock has a market capitalization of $13.60 billion, a PE ratio of 10.08 and a beta of 1.15. The firm’s fifty day moving average price is $61.44 and its 200 day moving average price is $59.29.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers 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.