BankPlus Trust Department Buys Shares of 4,013 First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

BankPlus Trust Department bought a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,013 shares of the company’s stock, valued at approximately $237,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDVY. PFG Investments LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 4.0% in the third quarter. PFG Investments LLC now owns 7,426 shares of the company’s stock valued at $440,000 after purchasing an additional 285 shares during the period. First Financial Bankshares Inc purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $229,000. Hibernia Wealth Partners LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $558,000. FCG Investment Co purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $233,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in First Trust NASDAQ Rising Dividend Achievers by 89.7% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 57,786 shares of the company’s stock valued at $3,421,000 after purchasing an additional 27,329 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.2 %

Shares of NASDAQ RDVY opened at $61.36 on Tuesday. The firm has a market cap of $13.39 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $52.26 and a 52-week high of $64.63. The business’s 50 day moving average is $61.24 and its two-hundred day moving average is $60.26.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid 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.