Grantvest Financial Group LLC Purchases New Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Grantvest Financial Group LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 22,073 shares of the company’s stock, valued at approximately $1,305,000. First Trust NASDAQ Rising Dividend Achievers accounts for 1.5% of Grantvest Financial Group LLC’s investment portfolio, making the stock its 18th biggest position.

Several other hedge funds have also made changes to their positions in the company. MBE Wealth Management LLC increased its holdings 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 valued at $240,000 after buying an additional 163 shares during the period. Trueblood Wealth Management LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after acquiring an additional 167 shares in the last quarter. Pacific Sun Financial Corp increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% in the 4th quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock valued at $360,000 after acquiring an additional 170 shares during the period. Crewe Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after acquiring an additional 182 shares in the last quarter. Finally, Wealth Effects LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.6% during the 4th quarter. Wealth Effects LLC now owns 34,830 shares of the company’s stock worth $2,060,000 after purchasing an additional 200 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY opened at $58.58 on Monday. The firm has a market capitalization of $12.78 billion, a PE ratio of 14.78 and a beta of 1.15. The business’s 50-day moving average is $61.18 and its two-hundred day moving average is $60.60. 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.