Ellsworth Advisors LLC Has $1.32 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ellsworth Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,301 shares of the company’s stock after acquiring an additional 1,248 shares during the period. Ellsworth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,319,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. International Assets Investment Management LLC raised 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 acquiring an additional 6,687,924 shares during the period. LPL Financial LLC raised 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 valued at $1,203,528,000 after purchasing an additional 953,708 shares during the period. JPMorgan Chase & Co. raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after purchasing an additional 650,194 shares during the period. Commonwealth Equity Services LLC lifted its stake 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 worth $309,720,000 after buying an additional 596,099 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings 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 worth $75,007,000 after buying an additional 406,747 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.5 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.18 on Monday. The company’s 50-day moving average price is $61.47 and its two-hundred day moving average price is $59.16. The stock has a market cap of $13.39 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $49.60 and a twelve month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced 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.

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.