First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,320,075 shares of the company’s stock after purchasing an additional 52,793 shares during the quarter. HighTower Advisors LLC owned approximately 0.61% of First Trust NASDAQ Rising Dividend Achievers worth $78,069,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in RDVY. Moors & Cabot Inc. boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 65.8% during the fourth quarter. Moors & Cabot Inc. now owns 7,587 shares of the company’s stock valued at $449,000 after acquiring an additional 3,012 shares during the period. Citizens Financial Group Inc. RI raised its position in First Trust NASDAQ Rising Dividend Achievers by 5.1% in the fourth quarter. Citizens Financial Group Inc. RI now owns 6,666 shares of the company’s stock worth $394,000 after acquiring an additional 321 shares in the last quarter. Independent Advisor Alliance bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $15,446,000. Paragon Private Wealth Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 7.6% in the fourth quarter. Paragon Private Wealth Management LLC now owns 12,984 shares of the company’s stock worth $768,000 after acquiring an additional 914 shares in the last quarter. Finally, United Community Bank purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $81,000.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %

Shares of RDVY opened at $57.87 on Thursday. The business’s 50-day moving average price is $61.33 and its 200 day moving average price is $60.55. The stock has a market capitalization of $13.05 billion, a P/E ratio of 14.78 and a beta of 1.14. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63.

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.