Steward Partners Investment Advisory LLC Reduces Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Steward Partners Investment Advisory LLC trimmed its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 500,246 shares of the company’s stock after selling 15,851 shares during the period. Steward Partners Investment Advisory LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $29,585,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of RDVY. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $40,000. Sound Income Strategies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $40,000. Eastern Bank purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $57,000. Blue Trust Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after buying an additional 1,179 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $74,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.8 %

RDVY stock opened at $60.34 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.78 and a twelve month high of $64.63. The stock has a market cap of $13.16 billion, a P/E ratio of 14.00 and a beta of 1.15. The business’s 50-day moving average price is $61.41 and its 200-day moving average price is $60.49.

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 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.