Claro Advisors LLC Acquires 5,419 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Claro Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,190 shares of the company’s stock after acquiring an additional 5,419 shares during the period. Claro Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,033,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in First Trust NASDAQ Rising Dividend Achievers by 16.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 44,929 shares of the company’s stock worth $2,460,000 after buying an additional 6,498 shares during the period. Choreo LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 163.6% in the second quarter. Choreo LLC now owns 10,530 shares of the company’s stock worth $575,000 after purchasing an additional 6,536 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $29,000. Oppenheimer & Co. Inc. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.3% in the second quarter. Oppenheimer & Co. Inc. now owns 110,026 shares of the company’s stock valued at $6,024,000 after purchasing an additional 2,484 shares during the period. Finally, HBK Sorce Advisory LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 2.4% during the 2nd quarter. HBK Sorce Advisory LLC now owns 12,518 shares of the company’s stock worth $685,000 after purchasing an additional 294 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY traded up $0.77 during mid-day trading on Monday, reaching $59.70. 718,643 shares of the company were exchanged, compared to its average volume of 862,187. The business has a 50 day simple moving average of $61.51 and a two-hundred day simple moving average of $58.93. The stock has a market capitalization of $12.83 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $49.60 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

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.