First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Stephens Inc. AR

Stephens Inc. AR increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 85.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 85,799 shares of the company’s stock after acquiring an additional 39,590 shares during the quarter. Stephens Inc. AR’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,074,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Sugarloaf Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $40,000. Sound Income Strategies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Eastern Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $57,000. Blue Trust Inc. boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after acquiring an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% during 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.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $62.34 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63. The firm’s 50-day simple moving average is $61.31 and its 200-day simple moving average is $59.82. The firm has a market cap of $13.60 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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