20,728 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Bought by Winebrenner Capital Management LLC

Winebrenner Capital Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 20,728 shares of the company’s stock, valued at approximately $1,226,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Sound Income Strategies LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $40,000. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Eastern Bank bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $57,000. Blue Trust Inc. raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after buying an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY opened at $61.25 on Friday. The stock’s 50 day moving average price is $61.24 and its 200 day moving average price is $60.12. The stock has a market cap of $13.65 billion, a P/E ratio of 14.00 and a beta of 1.13. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $51.90 and a 12 month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm 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.

About First Trust NASDAQ Rising Dividend Achievers

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.