LPL Financial LLC Grows Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

LPL Financial LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,307,144 shares of the company’s stock after acquiring an additional 980,714 shares during the quarter. LPL Financial LLC owned about 9.77% of First Trust NASDAQ Rising Dividend Achievers worth $1,260,104,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Moors & Cabot Inc. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $271,000. Citigroup Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.3% in the third quarter. Citigroup Inc. now owns 300,031 shares of the company’s stock valued at $17,765,000 after buying an additional 20,531 shares in the last quarter. Nwam LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $277,000. Flagstar Advisors Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. Flagstar Advisors Inc. now owns 58,423 shares of the company’s stock valued at $3,459,000 after buying an additional 2,716 shares in the last quarter. Finally, Certified Advisory Corp boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 13.1% during the third quarter. Certified Advisory Corp now owns 47,775 shares of the company’s stock valued at $2,829,000 after acquiring an additional 5,522 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.8 %

RDVY opened at $58.58 on Friday. The firm has a market cap of $12.78 billion, a P/E ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.78 and a 52 week high of $64.63. The business’s fifty day simple moving average is $61.18 and its 200 day simple moving average is $60.57.

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.