Matauro LLC Invests $206,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Matauro LLC purchased a new position in 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 SEC. The firm purchased 3,480 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. PMG Wealth Management Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $1,099,000. Capital Advisory Group Advisory Services LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 8.7% in the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 29,547 shares of the company’s stock valued at $1,747,000 after purchasing an additional 2,363 shares during the last quarter. Crumly & Associates Inc. boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 7.0% during the 4th quarter. Crumly & Associates Inc. now owns 333,940 shares of the company’s stock valued at $19,749,000 after purchasing an additional 21,765 shares during the period. Compass Capital Corp MA ADV bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $2,816,000. Finally, Fairway Financial LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $7,286,000.

First Trust NASDAQ Rising Dividend Achievers Trading Down 2.5 %

RDVY opened at $61.25 on Friday. The business’s 50 day moving average is $61.24 and its 200-day moving average is $60.12. The stock has a market cap of $13.65 billion, a PE 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.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. The ex-dividend date 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.