Insight Inv LLC Makes New $3.53 Million Investment in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Insight Inv LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 59,734 shares of the company’s stock, valued at approximately $3,533,000. First Trust NASDAQ Rising Dividend Achievers makes up 2.5% of Insight Inv LLC’s holdings, making the stock its 7th biggest holding.

Several other large investors have also made changes to their positions in the business. Cyndeo Wealth Partners LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 20.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 7,597 shares of the company’s stock valued at $449,000 after buying an additional 1,287 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.6% in the fourth quarter. Geneos Wealth Management Inc. now owns 127,620 shares of the company’s stock worth $7,547,000 after acquiring an additional 5,555 shares during the last quarter. Accel Wealth Management increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.4% during the fourth quarter. Accel Wealth Management now owns 48,907 shares of the company’s stock worth $2,892,000 after purchasing an additional 3,362 shares in the last quarter. PCG Wealth Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 10.3% in the 4th quarter. PCG Wealth Advisors LLC now owns 27,207 shares of the company’s stock valued at $1,609,000 after purchasing an additional 2,537 shares during the last quarter. Finally, Atlas Private Wealth Advisors lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 9.8% in the 4th quarter. Atlas Private Wealth Advisors now owns 19,844 shares of the company’s stock valued at $1,174,000 after purchasing an additional 1,778 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.6 %

Shares of RDVY opened at $62.52 on Friday. The firm’s fifty day moving average is $61.46 and its two-hundred day moving average is $59.40. The stock has a market cap of $13.55 billion, a PE ratio of 10.08 and a beta of 1.15. 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 firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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 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.