Envision Financial LLC Purchases New Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Envision Financial LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 59,154 shares of the company’s stock, valued at approximately $3,498,000. First Trust NASDAQ Rising Dividend Achievers comprises approximately 2.8% of Envision Financial LLC’s portfolio, making the stock its 12th biggest position.

Several other large investors also recently modified their holdings of RDVY. Headlands Technologies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $29,000. Sugarloaf Wealth Management LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Crewe Advisors LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after purchasing an additional 182 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter worth approximately $104,000. Finally, Venturi Wealth Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at approximately $105,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.7 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.43 on Monday, hitting $59.36. 328,682 shares of the company traded hands, compared to its average volume of 810,908. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $49.60 and a 12-month high of $64.63. The company has a market cap of $12.76 billion, a P/E ratio of 10.08 and a beta of 1.15. The firm’s 50-day simple moving average is $61.51 and its 200 day simple moving average is $58.93.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.2956 per share. 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.