Arvest Investments Inc. Buys 1,066 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Arvest Investments Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 52,752 shares of the company’s stock after buying an additional 1,066 shares during the quarter. Arvest Investments Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,120,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. D.A. Davidson & CO. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock worth $39,918,000 after buying an additional 29,294 shares during the last quarter. Elios Financial Group Inc. bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth approximately $6,731,000. ORG Partners LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock worth $11,953,000 after buying an additional 145,866 shares during the last quarter. Captrust Financial Advisors bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth approximately $247,000. Finally, SMART Wealth LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 21.4% in the 3rd quarter. SMART Wealth LLC now owns 95,355 shares of the company’s stock worth $5,646,000 after buying an additional 16,777 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $59.33 on Thursday. The firm has a market cap of $12.94 billion, a P/E ratio of 14.78 and a beta of 1.15. The business’s 50 day moving average price is $61.21 and its 200-day moving average price is $60.56. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.78 and a fifty-two week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers 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.