Wagner Wealth Management LLC Buys 5,188 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Wagner Wealth Management LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,656 shares of the company’s stock after purchasing an additional 5,188 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 2.5% of Wagner Wealth Management LLC’s portfolio, making the stock its 13th largest position. Wagner Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $9,856,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $40,000. Sound Income Strategies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $57,000. Blue Trust Inc. increased its position 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 valued at $72,000 after acquiring an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC increased its stake 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 purchasing an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.9 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $62.09 on Monday. The company has a market capitalization of $13.54 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $50.24 and a 52 week high of $64.63. The stock’s 50-day simple moving average is $61.31 and its 200-day simple moving average is $59.80.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company Profile

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.