Global Retirement Partners LLC Increases Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Global Retirement Partners LLC grew its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 46.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 174,595 shares of the company’s stock after acquiring an additional 55,406 shares during the period. Global Retirement Partners LLC owned about 0.08% of First Trust NASDAQ Rising Dividend Achievers worth $10,326,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Sugarloaf Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $40,000. Sound Income Strategies LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $40,000. Eastern Bank acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $57,000. Blue Trust Inc. raised its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after acquiring an additional 182 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $63.25 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a one year low of $51.50 and a one year high of $64.63. The firm has a market capitalization of $13.80 billion, a P/E ratio of 10.08 and a beta of 1.15. The company’s fifty day moving average is $61.19 and its two-hundred day moving average is $60.02.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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.