Hirtle Callaghan & Co LLC Makes New Investment in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Hirtle Callaghan & Co LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 30,000 shares of the company’s stock, valued at approximately $1,774,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Moors & Cabot Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $271,000. Citigroup Inc. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 7.3% in the 3rd quarter. Citigroup Inc. now owns 300,031 shares of the company’s stock valued at $17,765,000 after purchasing an additional 20,531 shares in the last quarter. Nwam LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at about $277,000. Great Valley Advisor Group Inc. boosted its position in First Trust NASDAQ Rising Dividend Achievers by 2.5% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 36,036 shares of the company’s stock valued at $2,134,000 after buying an additional 887 shares during the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 6.1% during the third quarter. Kingsview Wealth Management LLC now owns 75,996 shares of the company’s stock worth $4,500,000 after purchasing an additional 4,390 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $58.58 on Monday. The company’s 50-day simple moving average is $61.18 and its 200-day simple moving average is $60.60. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year high of $64.63. The stock has a market capitalization of $12.78 billion, a price-to-earnings ratio of 14.78 and a beta of 1.15.

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.