Lifeworks Advisors LLC Purchases New Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Lifeworks Advisors LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,420 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $25,000. Sound Income Strategies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at about $40,000. Sugarloaf Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Eastern Bank purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $57,000. Finally, Blue Trust Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after buying an additional 1,179 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY opened at $59.86 on Monday. The business’s 50-day simple moving average is $61.38 and its 200 day simple moving average is $60.56. The company has a market cap of $13.06 billion, a P/E ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year 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. Shareholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. The ex-dividend date of this dividend 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.