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

ORG Partners LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 259.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 202,120 shares of the company’s stock after acquiring an additional 145,866 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.6% of ORG Partners LLC’s portfolio, making the stock its 14th biggest position. ORG Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $11,953,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after acquiring an additional 953,708 shares in the last quarter. International Assets Investment Management LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after buying an additional 6,687,924 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after purchasing an additional 596,099 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock worth $175,717,000 after buying an additional 159,003 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.3% in the 2nd quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock valued at $136,668,000 after purchasing an additional 232,129 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.3 %

RDVY stock traded down $0.78 during trading on Friday, hitting $59.08. The company had a trading volume of 255,238 shares, compared to its average volume of 736,199. The company has a market cap 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 fifty-two week low of $49.60 and a fifty-two week high of $64.63. The company has a fifty day moving average price of $61.50 and a two-hundred day moving average price of $58.85.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

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.