Pinnacle Wealth Management Advisory Group LLC Purchases 1,332 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Pinnacle Wealth Management Advisory Group LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,531 shares of the company’s stock after purchasing an additional 1,332 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,472,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of RDVY. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $40,000. Sound Income Strategies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $57,000. Blue Trust Inc. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after purchasing an additional 1,179 shares during the period. Finally, Crewe Advisors LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during 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 during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ RDVY opened at $62.64 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $51.39 and a 52-week high of $64.63. The company has a market capitalization of $13.66 billion, a P/E ratio of 10.08 and a beta of 1.15. The company has a fifty day moving average of $61.18 and a 200-day moving average of $59.97.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date of this dividend 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.