Parkside Financial Bank & Trust Boosts Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Parkside Financial Bank & Trust grew its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 54.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,854 shares of the company’s stock after buying an additional 1,360 shares during the period. Parkside Financial Bank & Trust’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $228,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in RDVY. LPL Financial LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after buying an additional 953,708 shares during the period. JPMorgan Chase & Co. grew its stake 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 buying an additional 650,194 shares in the last quarter. HighTower Advisors LLC increased its stake in 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 worth $75,007,000 after purchasing an additional 406,747 shares during the period. Benjamin Edwards Inc. increased its stake in First Trust NASDAQ Rising Dividend Achievers by 5,198.7% during the 3rd quarter. Benjamin Edwards Inc. now owns 336,786 shares of the company’s stock worth $19,947,000 after buying an additional 330,430 shares during the period. Finally, Spectrum Wealth Advisory Group LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $12,392,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY opened at $61.47 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $52.59 and a 1 year high of $64.63. The stock has a 50-day simple moving average of $61.39 and a 200-day simple moving average of $60.43. The stock has a market capitalization of $13.41 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. Stockholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

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.