Hazlett Burt & Watson Inc. Has $57,000 Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Hazlett Burt & Watson Inc. increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 27.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 949 shares of the company’s stock after acquiring an additional 203 shares during the period. Hazlett Burt & Watson Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $57,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in RDVY. O Shaughnessy Asset Management LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 169.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock valued at $53,000 after purchasing an additional 566 shares in the last quarter. L & S Advisors Inc lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 3.0% during the 4th quarter. L & S Advisors Inc now owns 19,938 shares of the company’s stock valued at $1,179,000 after acquiring an additional 588 shares in the last quarter. BlueChip Wealth Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.4% during the 4th quarter. BlueChip Wealth Advisors LLC now owns 80,471 shares of the company’s stock worth $4,759,000 after acquiring an additional 1,140 shares during the last quarter. Maridea Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $308,000. Finally, Orion Portfolio Solutions LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 36.8% in the 4th quarter. Orion Portfolio Solutions LLC now owns 64,132 shares of the company’s stock worth $3,793,000 after acquiring an additional 17,235 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY opened at $58.54 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.78 and a fifty-two week high of $64.63. The firm has a market capitalization of $12.77 billion, a P/E ratio of 14.89 and a beta of 1.15. The company’s 50-day moving average is $60.92 and its 200 day moving average is $60.72.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.2544 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19.

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.