Assetmark Inc. Has $439,000 Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Assetmark Inc. boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 55.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,428 shares of the company’s stock after acquiring an additional 2,661 shares during the quarter. Assetmark Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $439,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Spectrum Wealth Advisory Group LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter valued at approximately $12,392,000. D.A. Davidson & CO. increased its stake in First Trust NASDAQ Rising Dividend Achievers by 4.5% during the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after purchasing an additional 29,294 shares in the last quarter. Elios Financial Group Inc. acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the third quarter worth $6,731,000. Claro Advisors LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 29.3% during the third quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock worth $3,717,000 after buying an additional 14,235 shares during the last quarter. Finally, ORG Partners LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after buying an additional 145,866 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ:RDVY opened at $57.87 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year high of $64.63. The company has a market cap of $13.05 billion, a PE ratio of 14.78 and a beta of 1.14. The firm has a 50-day moving average of $61.33 and a 200-day moving average of $60.55.

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.