Paragon Private Wealth Management LLC Buys 914 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Paragon Private Wealth Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 7.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,984 shares of the company’s stock after purchasing an additional 914 shares during the period. Paragon Private Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $768,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $25,000. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $40,000. Sound Income Strategies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $57,000. Finally, Blue Trust Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after purchasing an additional 1,179 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.0 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $59.86 on Monday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.78 and a twelve month high of $64.63. The company has a market cap of $13.06 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. The company’s 50 day moving average is $61.38 and its 200 day moving average is $60.56.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

First Trust NASDAQ Rising Dividend Achievers Company 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.