United Community Bank Acquires New Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

United Community Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,370 shares of the company’s stock, valued at approximately $81,000.

Other large investors have also recently added to or reduced their stakes in the company. MBE Wealth Management LLC lifted its stake in 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 worth $240,000 after purchasing an additional 163 shares in the last quarter. Trueblood Wealth Management LLC lifted its stake in 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 in the last quarter. Pacific Sun Financial Corp lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.9% during the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock worth $360,000 after purchasing an additional 170 shares in the last quarter. Crewe Advisors LLC lifted its stake 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 purchasing an additional 182 shares in the last quarter. Finally, L & S Advisors Inc lifted its stake 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 purchasing an additional 197 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.0 %

NASDAQ:RDVY opened at $59.86 on Monday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.78 and a 52 week high of $64.63. The stock’s fifty day moving average is $61.38 and its two-hundred day moving average is $60.56. The stock has a market capitalization of $13.06 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given 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.