First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by Woodmont Investment Counsel LLC

Woodmont Investment Counsel LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 37.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 8,759 shares of the company’s stock after buying an additional 2,397 shares during the period. Woodmont Investment Counsel LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Raymond James Financial Inc. purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $593,242,000. LPL Financial LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% in the 4th quarter. LPL Financial LLC now owns 21,307,144 shares of the company’s stock worth $1,260,104,000 after buying an additional 980,714 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after purchasing an additional 650,194 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 7.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company’s stock valued at $333,550,000 after buying an additional 409,135 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock valued at $75,007,000 after acquiring an additional 406,747 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ RDVY opened at $59.71 on Tuesday. The company has a market cap of $13.03 billion, a PE ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.78 and a 12 month high of $64.63. The company has a 50-day simple moving average of $61.18 and a 200-day simple moving average of $60.62.

First Trust NASDAQ Rising Dividend Achievers 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.