BankPlus Trust Department Takes Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

BankPlus Trust Department acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 4,013 shares of the company’s stock, valued at approximately $237,000.

Other hedge funds have also modified their holdings of the company. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Eastern Bank acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $57,000. Blue Trust Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after buying an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after buying an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $61.36 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.26 and a 1-year high of $64.63. The stock has a market cap of $13.39 billion, a PE ratio of 14.00 and a beta of 1.15. The stock’s fifty day moving average is $61.24 and its two-hundred day moving average is $60.26.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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