First Citizens Bank & Trust Co. Invests $205,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

First Citizens Bank & Trust Co. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 3,462 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC increased its position in shares of 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 purchasing 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 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after buying an additional 953,708 shares during the last quarter. JPMorgan Chase & Co. increased its position in First Trust NASDAQ Rising Dividend Achievers by 135.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after buying an additional 650,194 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in 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 buying an additional 596,099 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock worth $75,007,000 after acquiring an additional 406,747 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.1 %

RDVY opened at $62.57 on Wednesday. The company has a market cap of $13.56 billion, a P/E ratio of 10.08 and a beta of 1.15. The firm’s 50-day moving average price is $61.49 and its 200-day moving average price is $59.53. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

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.