Dash Acquisitions Inc. Buys New Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Dash Acquisitions Inc. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 4th quarter, Holdings Channel reports. The firm purchased 3,557 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors also recently made changes to their positions in the stock. Concurrent Investment Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 199,258 shares of the company’s stock valued at $11,784,000 after acquiring an additional 4,738 shares during the last quarter. WealthCare Investment Partners LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.6% during the 4th quarter. WealthCare Investment Partners LLC now owns 59,660 shares of the company’s stock worth $3,519,000 after purchasing an additional 344 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 11.9% during the fourth quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company’s stock worth $108,526,000 after buying an additional 195,213 shares in the last quarter. Flagstar Advisors Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.0% during the fourth quarter. Flagstar Advisors Inc. now owns 59,578 shares of the company’s stock worth $3,523,000 after buying an additional 1,155 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 46.5% in the fourth quarter. Global Retirement Partners LLC now owns 174,595 shares of the company’s stock valued at $10,326,000 after buying an additional 55,406 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $63.39 on Thursday. The firm’s 50 day moving average price is $61.23 and its 200 day moving average price is $60.10. The firm has a market cap of $13.83 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $51.50 and a 1 year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. 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.