First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by MBE Wealth Management LLC

MBE Wealth Management LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,057 shares of the company’s stock after buying an additional 163 shares during the quarter. MBE Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $240,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of RDVY. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $40,000. Sound Income Strategies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $40,000. Eastern Bank acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $57,000. Blue Trust Inc. increased its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after purchasing an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after purchasing an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock opened at $62.64 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The stock’s 50-day moving average is $61.46 and its two-hundred day moving average is $59.43. The firm has a market cap of $13.57 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced 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 was Friday, December 13th.

About First Trust NASDAQ Rising Dividend Achievers

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.