B. Riley Wealth Advisors Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,248 shares of the company’s stock after purchasing an additional 1,726 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,338,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,519.6% during the fourth quarter. International Assets Investment Management LLC now owns 6,615,517 shares of the company’s stock valued at $341,824,000 after buying an additional 6,497,795 shares in the last quarter. Morgan Stanley grew its position in First Trust NASDAQ Rising Dividend Achievers by 8.1% during the 3rd quarter. Morgan Stanley now owns 12,995,589 shares of the company’s stock worth $597,147,000 after purchasing an additional 969,819 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 30.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,989,267 shares of the company’s stock valued at $206,125,000 after purchasing an additional 933,923 shares during the period. LPL Financial LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% in the third quarter. LPL Financial LLC now owns 16,132,424 shares of the company’s stock valued at $741,285,000 after purchasing an additional 689,605 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 10.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 5,803,282 shares of the company’s stock worth $299,856,000 after buying an additional 557,879 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Trading Up 1.5 %
Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $54.79 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $56.28. The stock has a 50-day moving average price of $54.55 and a 200 day moving average price of $53.04. The company has a market cap of $10.37 billion, a P/E ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
Featured Stories
- Five stocks we like better than First Trust NASDAQ Rising Dividend Achievers
- What Are Dividend Challengers?
- 6 Reasons the S&P 500 Will Keep Rising This Year
- Using the MarketBeat Dividend Yield Calculator
- CAVA’s Per-Restaurant Stock Value Outshines Chipotle’s
- The Significance of Brokerage Rankings in Stock Selection
- The Most Shorted Stocks in June: Hold, Short, or Squeeze?
Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report).
Receive News & Ratings for First Trust NASDAQ Rising Dividend Achievers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust NASDAQ Rising Dividend Achievers and related companies with MarketBeat.com's FREE daily email newsletter.