Lineweaver Wealth Advisors LLC Raises Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Lineweaver Wealth Advisors LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 32.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 75,081 shares of the company’s stock after purchasing an additional 18,405 shares during the quarter. Lineweaver Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,440,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of RDVY. Whipplewood Advisors LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $290,000. Ascension Capital Advisors Inc. boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.1% during the 4th quarter. Ascension Capital Advisors Inc. now owns 528,668 shares of the company’s stock worth $31,265,000 after purchasing an additional 11,003 shares during the last quarter. Cutter & CO Brokerage Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 6.1% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 3,947 shares of the company’s stock valued at $233,000 after purchasing an additional 226 shares in the last quarter. Twin Peaks Wealth Advisors LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.3% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 35,053 shares of the company’s stock valued at $2,073,000 after purchasing an additional 2,392 shares in the last quarter. Finally, Horizon Advisory Services Inc. increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 22.4% in the fourth quarter. Horizon Advisory Services Inc. now owns 566,625 shares of the company’s stock valued at $33,510,000 after purchasing an additional 103,730 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.3 %

NASDAQ RDVY opened at $61.19 on Thursday. The business’s fifty day simple moving average is $61.30 and its 200-day simple moving average is $60.35. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.43 and a 52 week high of $64.63. The firm has a market cap of $13.35 billion, a PE ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date 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.