Ellsworth Advisors LLC Has $937,000 Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ellsworth Advisors LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 18,132 shares of the company’s stock after acquiring an additional 748 shares during the period. Ellsworth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $937,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $1,665,000. RVW Wealth LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.4% during the 4th quarter. RVW Wealth LLC now owns 615,092 shares of the company’s stock worth $31,782,000 after buying an additional 25,894 shares during the period. BKM Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $43,000. Silver Oak Securities Incorporated grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 8.9% during the 3rd quarter. Silver Oak Securities Incorporated now owns 182,725 shares of the company’s stock worth $8,396,000 after buying an additional 14,992 shares during the period. Finally, City Holding Co. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 68.1% during the 4th quarter. City Holding Co. now owns 54,998 shares of the company’s stock worth $2,841,000 after buying an additional 22,273 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.5 %

Shares of NASDAQ:RDVY traded up $0.30 during trading on Friday, hitting $56.17. 768,798 shares of the company’s stock were exchanged, compared to its average volume of 826,792. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $42.42 and a 1-year high of $56.28. The firm has a 50-day moving average price of $52.80 and a two-hundred day moving average price of $49.53. The firm has a market cap of $10.19 billion, a P/E ratio of 9.91 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.2238 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date was Thursday, March 21st.

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.