4,255 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Acquired by Armbruster Capital Management Inc.

Armbruster Capital Management Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 4,255 shares of the company’s stock, valued at approximately $252,000.

Several other institutional investors also recently made changes to their positions in the stock. Petix & Botte Co raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 527.3% in the fourth quarter. Petix & Botte Co now owns 83,670 shares of the company’s stock valued at $4,948,000 after buying an additional 70,332 shares during the period. First Citizens Bank & Trust Co. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $205,000. Flagship Harbor Advisors LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 17.6% in the fourth quarter. Flagship Harbor Advisors LLC now owns 90,090 shares of the company’s stock valued at $5,328,000 after buying an additional 13,495 shares in the last quarter. Insight Inv LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $3,533,000. Finally, Cyndeo Wealth Partners LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 20.4% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 7,597 shares of the company’s stock worth $449,000 after acquiring an additional 1,287 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.6 %

Shares of NASDAQ:RDVY opened at $62.52 on Monday. The company has a market capitalization of $13.55 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company has a 50 day moving average of $61.46 and a two-hundred day moving average of $59.43. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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.