Concurrent Investment Advisors LLC Grows Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Concurrent Investment Advisors LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 199,258 shares of the company’s stock after buying an additional 4,738 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $11,784,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. MBE Wealth Management LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock valued at $240,000 after acquiring an additional 163 shares in the last quarter. Trueblood Wealth Management LLC raised its holdings 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 valued at $723,000 after acquiring an additional 167 shares in the last quarter. Financial Services Advisory Inc raised its holdings in shares of 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 valued at $881,000 after acquiring an additional 170 shares in the last quarter. Crewe Advisors LLC raised 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 valued at $97,000 after acquiring an additional 182 shares in the last quarter. Finally, L & S Advisors Inc raised its holdings in shares of 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 valued at $1,146,000 after acquiring an additional 197 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.2 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $63.39 on Thursday. The company has a market cap of $13.83 billion, a PE ratio of 10.08 and a beta of 1.15. The business has a 50 day moving average of $61.23 and a 200 day moving average of $60.10. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $51.50 and a 52 week 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. Investors of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date of this dividend 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.