First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 558,670 shares of the company’s stock after acquiring an additional 28,962 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 0.9% of Harbour Investments Inc.’s investment portfolio, making the stock its 18th biggest holding. Harbour Investments Inc. owned about 0.26% of First Trust NASDAQ Rising Dividend Achievers worth $33,040,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. MBE Wealth Management LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 4.2% in the 4th quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock valued at $240,000 after acquiring an additional 163 shares during the period. Trueblood Wealth Management LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after purchasing an additional 167 shares in the last quarter. Pacific Sun Financial Corp lifted its holdings in 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 worth $360,000 after purchasing an additional 170 shares during the period. Crewe Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after buying an additional 182 shares in the last quarter. Finally, L & S Advisors Inc increased its stake in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 2.1 %

Shares of NASDAQ:RDVY opened at $58.45 on Friday. The company has a 50 day moving average of $61.27 and a 200-day moving average of $60.55. The firm has a market cap of $12.75 billion, a P/E ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.78 and a twelve month high of $64.63.

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.