Howard Financial Services LTD. Has $11.83 Million Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Howard Financial Services LTD. cut its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 199,981 shares of the company’s stock after selling 1,229 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up approximately 1.6% of Howard Financial Services LTD.’s portfolio, making the stock its 19th biggest position. Howard Financial Services LTD.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $11,827,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $40,000. Eastern Bank bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $57,000. Crewe Advisors LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after purchasing an additional 182 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $104,000. Finally, Venturi Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the third quarter worth approximately $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY opened at $62.18 on Friday. The firm has a market cap of $13.39 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $49.60 and a 52-week high of $64.63. The business’s 50 day moving average price is $61.47 and its two-hundred day moving average price is $59.10.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business 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 of this dividend was Friday, December 13th.

First Trust NASDAQ Rising Dividend Achievers Company 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.