Whipplewood Advisors LLC Invests $290,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Whipplewood Advisors LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,907 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds have also recently made changes to their positions in the company. MBE Wealth Management LLC boosted 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 buying an additional 163 shares during the last quarter. Trueblood Wealth Management LLC grew its holdings in shares of 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 worth $723,000 after buying an additional 167 shares in the last quarter. Financial Services Advisory Inc grew its stake in First Trust NASDAQ Rising Dividend Achievers by 1.2% during the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after acquiring an additional 170 shares in the last quarter. Pacific Sun Financial Corp increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock valued at $360,000 after purchasing an additional 170 shares during the last quarter. Finally, 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 during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ RDVY opened at $61.19 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.43 and a 1 year high of $64.63. The company has a market capitalization of $13.35 billion, a P/E ratio of 14.00 and a beta of 1.15. The company has a 50 day simple moving average of $61.30 and a 200-day simple moving average of $60.35.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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.