Private Trust Co. NA Purchases 5,026 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Private Trust Co. NA grew its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 24.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 25,909 shares of the company’s stock after buying an additional 5,026 shares during the quarter. Private Trust Co. NA’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,532,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Sound Income Strategies LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $57,000. Blue Trust Inc. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after buying an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.1 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $61.47 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.59 and a 1-year high of $64.63. The firm’s 50-day moving average price is $61.39 and its two-hundred day moving average price is $60.40. The stock has a market capitalization of $13.41 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2956 per share. 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.