DAVENPORT & Co LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 15.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 147,945 shares of the company’s stock after acquiring an additional 19,793 shares during the period. DAVENPORT & Co LLC owned approximately 0.05% of First Trust Rising Dividend Achievers ETF worth $10,278,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. First Horizon Corp acquired a new stake in First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $25,000. Cullen Frost Bankers Inc. acquired a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at approximately $28,000. Mather Group LLC. purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth $31,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth $38,000. Finally, Collier Financial acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth $41,000.
First Trust Rising Dividend Achievers ETF Stock Performance
NASDAQ:RDVY opened at $69.27 on Thursday. The company has a market capitalization of $19.54 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $73.54. The firm has a fifty day simple moving average of $71.41 and a 200-day simple moving average of $69.29.
About First Trust Rising Dividend Achievers ETF
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.
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