JPMorgan Chase & Co. Has $66.84 Million Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

JPMorgan Chase & Co. increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 135.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,128,835 shares of the company’s stock after buying an additional 650,194 shares during the period. JPMorgan Chase & Co.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $66,838,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $29,000. Rothschild Investment LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth $34,000. Hazlett Burt & Watson Inc. raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock valued at $40,000 after buying an additional 260 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $48,000. Finally, Crewe Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.1 %

Shares of NASDAQ RDVY opened at $59.66 on Friday. The firm has a market capitalization of $12.30 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $49.60 and a one year high of $64.63. The business has a fifty day simple moving average of $61.48 and a 200 day simple moving average of $58.71.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.2956 dividend. 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.