Daymark Wealth Partners LLC Boosts Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Daymark Wealth Partners LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.9% during the fourth quarter, Holdings Channel reports. The firm owned 94,765 shares of the company’s stock after acquiring an additional 2,688 shares during the quarter. Daymark Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,604,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of RDVY. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Eastern Bank purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $57,000. Crewe Advisors LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd 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. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth about $104,000. Finally, Venturi Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.8 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.65 on Wednesday. The stock’s 50 day moving average is $61.45 and its 200 day moving average is $59.21. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63. The company has a market capitalization of $13.55 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.