HighTower Advisors LLC Has $78.07 Million Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

HighTower Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,320,075 shares of the company’s stock after buying an additional 52,793 shares during the period. HighTower Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $78,069,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. MBE Wealth Management LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after buying an additional 163 shares during the last quarter. Trueblood Wealth Management LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after acquiring an additional 167 shares during the period. Pacific Sun Financial Corp boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock valued at $360,000 after acquiring an additional 170 shares during the period. Crewe Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after acquiring an additional 182 shares during the period. Finally, L & S Advisors Inc boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after acquiring an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %

RDVY opened at $57.87 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63. The stock has a market capitalization of $13.05 billion, a price-to-earnings ratio of 14.78 and a beta of 1.14. The business has a 50 day moving average of $61.33 and a 200-day moving average of $60.55.

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.