First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Position Raised by Private Trust Co. NA

Private Trust Co. NA increased its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 24.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,909 shares of the company’s stock after purchasing an additional 5,026 shares during the period. Private Trust Co. NA’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,532,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RDVY. LPL Financial LLC raised its holdings in 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 purchasing an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. grew its position in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock worth $66,838,000 after buying an additional 650,194 shares during the last quarter. HighTower Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock worth $75,007,000 after buying an additional 406,747 shares during the last quarter. Benjamin Edwards Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 5,198.7% in the third quarter. Benjamin Edwards Inc. now owns 336,786 shares of the company’s stock worth $19,947,000 after buying an additional 330,430 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the third quarter worth approximately $12,392,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $61.47 on Friday. The firm has a market cap of $13.41 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.59 and a 1 year high of $64.63. The firm’s 50 day moving average price is $61.39 and its two-hundred day moving average price is $60.40.

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 of this dividend 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.