NewSquare Capital LLC Takes $178,000 Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

NewSquare Capital LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the fourth quarter, Holdings Channel reports. The institutional investor bought 3,018 shares of the company’s stock, valued at approximately $178,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $40,000. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at approximately $57,000. Blue Trust Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares during the period. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $74,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $59.83 on Thursday. The business has a 50 day simple moving average of $61.39 and a 200-day simple moving average of $60.50. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.78 and a 12 month high of $64.63. The stock has a market capitalization of $13.05 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 disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given 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.