Koshinski Asset Management Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 2.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 518,874 shares of the company’s stock after purchasing an additional 13,647 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises about 0.1% of Koshinski Asset Management Inc.’s holdings, making the stock its 4th biggest position. Koshinski Asset Management Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $30,686,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently made changes to their positions in RDVY. International Assets Investment Management LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during 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 in the last quarter. LPL Financial LLC grew its stake in 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 valued at $1,203,528,000 after acquiring an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock worth $66,838,000 after purchasing an additional 650,194 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd 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. Finally, HighTower Advisors LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock valued at $75,007,000 after purchasing an additional 406,747 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Trading Up 0.5 %
Shares of RDVY stock opened at $62.18 on Tuesday. The stock’s 50-day moving average price is $61.45 and its 200-day moving average price is $59.21. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $49.60 and a 12-month high of $64.63. The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report).
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