First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by WealthCare Investment Partners LLC

WealthCare Investment Partners LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,188 shares of the company’s stock after purchasing an additional 342 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.7% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 13th largest position. WealthCare Investment Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,112,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of RDVY. Cozad Asset Management Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 0.4% in the third quarter. Cozad Asset Management Inc. now owns 69,703 shares of the company’s stock worth $3,203,000 after acquiring an additional 249 shares during the last quarter. Private Trust Co. NA boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 0.9% in the third quarter. Private Trust Co. NA now owns 31,136 shares of the company’s stock worth $1,431,000 after acquiring an additional 273 shares during the last quarter. Castleview Partners LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% in the first quarter. Castleview Partners LLC now owns 7,239 shares of the company’s stock worth $325,000 after acquiring an additional 291 shares during the last quarter. DAVENPORT & Co LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.0% in the third quarter. DAVENPORT & Co LLC now owns 6,475 shares of the company’s stock worth $298,000 after acquiring an additional 309 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 6.5% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,309 shares of the company’s stock worth $273,000 after acquiring an additional 323 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.5 %

Shares of RDVY traded up $0.85 during mid-day trading on Wednesday, hitting $55.87. The company had a trading volume of 811,638 shares, compared to its average volume of 827,759. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $42.42 and a 1-year high of $55.97. The business’s 50-day simple moving average is $52.67 and its 200-day simple moving average is $49.48. The stock has a market cap of $10.14 billion, a PE ratio of 9.91 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 22nd will be issued a $0.2238 dividend. The ex-dividend date is Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 1.60%.

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.