2,704 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Acquired by Kiker Wealth Management LLC

Kiker Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 2,704 shares of the company’s stock, valued at approximately $160,000.

Several other hedge funds have also modified their holdings of RDVY. LPL Financial LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after purchasing an additional 953,708 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $593,242,000. Commonwealth Equity Services LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company’s stock worth $333,550,000 after purchasing an additional 409,135 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% during the fourth quarter. Kestra Advisory Services LLC now owns 2,572,894 shares of the company’s stock worth $152,161,000 after purchasing an additional 46,729 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 11.9% during the fourth quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company’s stock worth $108,526,000 after purchasing an additional 195,213 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.5 %

Shares of NASDAQ:RDVY opened at $59.04 on Friday. The company has a fifty day simple moving average of $61.19 and a 200 day simple moving average of $60.55. The firm has a market cap of $12.88 billion, a PE ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $52.78 and a 12-month high of $64.63.

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.