Keystone Wealth Services LLC Boosts Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Keystone Wealth Services LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 5,387 shares of the company’s stock after buying an additional 429 shares during the period. Keystone Wealth Services LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $319,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of RDVY. Stephens Inc. AR lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. Stephens Inc. AR now owns 46,209 shares of the company’s stock valued at $2,736,000 after acquiring an additional 455 shares during the period. World Equity Group Inc. increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 15.7% during the 3rd quarter. World Equity Group Inc. now owns 44,992 shares of the company’s stock valued at $2,664,000 after purchasing an additional 6,090 shares in the last quarter. Moloney Securities Asset Management LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 16,630 shares of the company’s stock valued at $985,000 after purchasing an additional 1,840 shares during the period. Clarity Capital Partners LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 8.3% during the third quarter. Clarity Capital Partners LLC now owns 15,682 shares of the company’s stock worth $929,000 after buying an additional 1,198 shares in the last quarter. Finally, United Advisor Group LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 8.3% during the third quarter. United Advisor Group LLC now owns 134,080 shares of the company’s stock valued at $7,939,000 after buying an additional 10,231 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY opened at $60.34 on Tuesday. The company has a fifty day moving average of $61.41 and a two-hundred day moving average of $60.49. The stock has a market capitalization of $13.16 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.78 and a fifty-two week 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. Investors of record on Friday, December 13th were paid a $0.2956 dividend. 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.