Crumly & Associates Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 175.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,049 shares of the company's stock after buying an additional 92,955 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up approximately 2.2% of Crumly & Associates Inc.'s portfolio, making the stock its 20th biggest holding. Crumly & Associates Inc. owned approximately 0.08% of First Trust NASDAQ Rising Dividend Achievers worth $7,546,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 87.5% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 478 shares of the company's stock valued at $25,000 after purchasing an additional 223 shares in the last quarter. PFG Private Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $26,000. Harbor Investment Advisory LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $29,000. Finally, Arlington Trust Co LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $29,000.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
RDVY traded down $0.67 on Friday, reaching $53.94. The company had a trading volume of 463,521 shares, compared to its average volume of 801,607. The business has a 50 day simple moving average of $53.65 and a 200 day simple moving average of $50.15. The company has a market cap of $10.09 billion, a price-to-earnings ratio of 9.85 and a beta of 0.99. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $42.42 and a 52-week high of $56.28.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.2238 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date was Thursday, March 21st.
First Trust NASDAQ Rising Dividend Achievers Company Profile
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Free Report)
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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