WealthTrust Asset Management LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 40.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 9,282 shares of the company’s stock after buying an additional 2,655 shares during the quarter. WealthTrust Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $549,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of RDVY. Cullen Frost Bankers Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $25,000. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $40,000. Sound Income Strategies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $57,000. Finally, Blue Trust Inc. grew its holdings 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 purchasing an additional 1,179 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
Shares of RDVY opened at $58.45 on Friday. The stock has a market cap of $12.75 billion, a PE ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.78 and a fifty-two week high of $64.63. The firm’s 50-day simple moving average is $61.27 and its two-hundred day simple moving average is $60.55.
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.
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Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report).
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