132,926 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Purchased by Guided Capital Wealth Management LLC

Guided Capital Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 132,926 shares of the company’s stock, valued at approximately $7,861,000. First Trust NASDAQ Rising Dividend Achievers accounts for about 7.2% of Guided Capital Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Guided Capital Wealth Management LLC owned about 0.06% of First Trust NASDAQ Rising Dividend Achievers at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after buying an additional 953,708 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after buying an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after buying an additional 596,099 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% during the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock worth $99,224,000 after buying an additional 35,479 shares in the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% during the third quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company’s stock worth $97,095,000 after buying an additional 28,765 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY opened at $62.43 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The company has a market capitalization of $13.62 billion, a P/E ratio of 10.08 and a beta of 1.15. The stock has a fifty day moving average of $61.27 and a 200-day moving average of $59.86.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced 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 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.