Pacific Sun Financial Corp raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 2.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,090 shares of the company’s stock after purchasing an additional 170 shares during the quarter. Pacific Sun Financial Corp’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $360,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Spectrum Wealth Advisory Group LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter worth approximately $12,392,000. D.A. Davidson & CO. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% during the third quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock worth $39,918,000 after purchasing an additional 29,294 shares in the last quarter. Elios Financial Group Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter worth approximately $6,731,000. Claro Advisors LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% during the third quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock worth $3,717,000 after purchasing an additional 14,235 shares in the last quarter. Finally, ORG Partners LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% during the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock worth $11,953,000 after purchasing an additional 145,866 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %
Shares of RDVY stock opened at $63.39 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $51.50 and a 1 year high of $64.63. The firm’s 50 day moving average is $61.23 and its 200-day moving average is $60.10. The firm has a market capitalization of $13.83 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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