Flagship Harbor Advisors LLC Buys 13,495 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Flagship Harbor Advisors LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 17.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 90,090 shares of the company’s stock after buying an additional 13,495 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,328,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Trueblood Wealth Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock worth $723,000 after purchasing an additional 167 shares during the period. Financial Services Advisory Inc lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after acquiring an additional 170 shares in the last quarter. Crewe Advisors LLC lifted its holdings in 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 acquiring an additional 182 shares in the last quarter. L & S Advisors Inc lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock worth $1,146,000 after acquiring an additional 197 shares in the last quarter. Finally, Wills Financial Group Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. Wills Financial Group Inc. now owns 4,544 shares of the company’s stock worth $269,000 after acquiring an additional 213 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.6 %

RDVY stock opened at $62.52 on Friday. The business’s 50-day moving average price is $61.46 and its two-hundred day moving average price is $59.40. The firm has a market cap of $13.55 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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