Dash Acquisitions Inc. Invests $223,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Dash Acquisitions Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,557 shares of the company’s stock, valued at approximately $223,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after purchasing an additional 953,708 shares during the period. International Assets Investment Management LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after buying an additional 6,687,924 shares in the last quarter. Private Advisor Group LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 11.9% during the fourth quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company’s stock worth $108,526,000 after buying an additional 195,213 shares during the period. Stifel Financial Corp increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.2% in the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock valued at $99,224,000 after buying an additional 35,479 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock valued at $75,007,000 after acquiring an additional 406,747 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY opened at $63.39 on Thursday. The stock’s 50 day simple moving average is $61.23 and its 200 day simple moving average is $60.10. The stock has a market cap of $13.83 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $51.50 and a 1-year 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. Stockholders of record on Friday, December 13th were given 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.