Leigh Baldwin & CO. LLC Purchases New Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Leigh Baldwin & CO. LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,239,835 shares of the company's stock, valued at approximately $132,464,000. Leigh Baldwin & CO. LLC owned 1.03% of First Trust NASDAQ Rising Dividend Achievers as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $593,242,000. Ameriprise Financial Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 30.0% during the fourth quarter. Ameriprise Financial Inc. now owns 6,135,682 shares of the company's stock worth $362,832,000 after buying an additional 1,417,024 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% during the fourth quarter. LPL Financial LLC now owns 21,307,144 shares of the company's stock worth $1,260,104,000 after buying an additional 980,714 shares in the last quarter. Commonwealth Equity Services LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 7.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company's stock valued at $333,550,000 after buying an additional 409,135 shares during the last quarter. Finally, SRS Capital Advisors Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 128.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 708,953 shares of the company's stock valued at $41,928,000 after acquiring an additional 398,469 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ:RDVY traded up $0.51 during trading hours on Thursday, reaching $61.16. 831,333 shares of the stock were exchanged, compared to its average volume of 844,299. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.27 and a twelve month high of $64.63. The stock has a market cap of $14.25 billion, a PE ratio of 14.58 and a beta of 1.15. The firm has a 50 day moving average of $57.12 and a 200 day moving average of $60.02.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.2544 dividend. The ex-dividend date was Thursday, March 27th. This represents a $1.02 dividend on an annualized basis and a yield of 1.66%. This is an increase from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19.

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.