Beacon Financial Group Sells 1,682 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Beacon Financial Group decreased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 297,708 shares of the company’s stock after selling 1,682 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for about 1.9% of Beacon Financial Group’s investment portfolio, making the stock its 11th biggest position. Beacon Financial Group owned about 0.14% of First Trust NASDAQ Rising Dividend Achievers worth $17,606,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. LPL Financial LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after buying an additional 953,708 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Stifel Financial Corp increased its stake in First Trust NASDAQ Rising Dividend Achievers by 2.2% in the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock valued at $99,224,000 after acquiring an additional 35,479 shares during the period. Finally, Private Advisor Group LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 1.8% in the third quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company’s stock valued at $97,095,000 after acquiring an additional 28,765 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.1 %

Shares of RDVY opened at $62.43 on Wednesday. The company has a 50-day moving average price of $61.27 and a two-hundred day moving average price of $59.86. The stock has a market cap of $13.62 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors 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.

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.