7,804 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Purchased by Millstone Evans Group LLC

Millstone Evans Group LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,804 shares of the company’s stock, valued at approximately $462,000.

A number of other hedge funds have also added to or reduced their stakes in RDVY. MAI Capital Management grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 22.0% during the 3rd quarter. MAI Capital Management now owns 14,715 shares of the company’s stock valued at $871,000 after buying an additional 2,657 shares in the last quarter. Moors & Cabot Inc. purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $271,000. L & S Advisors Inc grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares in the last quarter. Citigroup Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 7.3% during the 3rd quarter. Citigroup Inc. now owns 300,031 shares of the company’s stock valued at $17,765,000 after buying an additional 20,531 shares in the last quarter. Finally, Covenant Asset Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $264,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.8 %

RDVY stock opened at $58.58 on Friday. The firm has a market capitalization of $12.78 billion, a PE ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.78 and a twelve month high of $64.63. The stock has a 50-day simple moving average of $61.18 and a two-hundred day simple moving average of $60.55.

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.