Element Wealth LLC Acquires 1,207 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Element Wealth LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 29.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,370 shares of the company’s stock after acquiring an additional 1,207 shares during the quarter. Element Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. MBE Wealth Management LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after acquiring an additional 163 shares during the last quarter. Trueblood Wealth Management LLC raised its position 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 acquiring an additional 167 shares during the last quarter. Financial Services Advisory Inc raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after acquiring an additional 170 shares during the last quarter. Pacific Sun Financial Corp raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% during the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock worth $360,000 after acquiring an additional 170 shares during the last quarter. Finally, Crewe Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third 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 Stock Down 2.5 %

RDVY stock opened at $61.25 on Friday. The company has a market cap of $13.65 billion, a P/E ratio of 14.00 and a beta of 1.13. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $51.90 and a twelve month high of $64.63. The business has a fifty day moving average of $61.24 and a 200-day moving average of $60.12.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business 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.

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.