ORG Partners LLC Increases Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

ORG Partners LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 259.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 202,120 shares of the company’s stock after purchasing an additional 145,866 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 1.6% of ORG Partners LLC’s investment portfolio, making the stock its 14th biggest holding. ORG Partners LLC owned approximately 0.09% of First Trust NASDAQ Rising Dividend Achievers worth $11,953,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Bank of New York Mellon Corp raised its stake in First Trust NASDAQ Rising Dividend Achievers by 16.9% in the second quarter. Bank of New York Mellon Corp now owns 44,929 shares of the company’s stock valued at $2,460,000 after buying an additional 6,498 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 8.1% during the second quarter. Ashton Thomas Private Wealth LLC now owns 12,779 shares of the company’s stock worth $700,000 after purchasing an additional 954 shares in the last quarter. Choreo LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 163.6% during the second quarter. Choreo LLC now owns 10,530 shares of the company’s stock valued at $575,000 after acquiring an additional 6,536 shares during the last quarter. Headlands Technologies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $29,000. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% in the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock worth $40,000 after buying an additional 260 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock traded down $0.78 during trading on Friday, hitting $59.08. 255,238 shares of the stock traded hands, compared to its average volume of 736,199. The firm’s fifty day moving average price is $61.50 and its 200-day moving average price is $58.85. The firm has a market capitalization of $12.69 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $49.60 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.