Pinnacle Financial Partners Inc Buys 712 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Pinnacle Financial Partners Inc grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 9.6% in the 4th quarter, Holdings Channel reports. The fund owned 8,167 shares of the company’s stock after purchasing an additional 712 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $483,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. MBE Wealth Management LLC increased its holdings 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 acquiring an additional 163 shares in the last quarter. Trueblood Wealth Management LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in 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 in the last quarter. Financial Services Advisory Inc increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in 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 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 worth $360,000 after acquiring an additional 170 shares in the last quarter. Finally, Crewe Advisors LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in 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 in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $61.25 on Monday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $51.90 and a 1 year high of $64.63. The business has a 50-day moving average of $61.24 and a two-hundred day moving average of $60.26. The company has a market capitalization of $13.65 billion, a P/E ratio of 14.00 and a beta of 1.13.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed 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 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.