Onyx Bridge Wealth Group LLC Reduces Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Onyx Bridge Wealth Group LLC reduced its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,403 shares of the company’s stock after selling 737 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $852,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of RDVY. LPL Financial LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in 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 during the last quarter. International Assets Investment Management LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after acquiring an additional 6,687,924 shares during the period. Commonwealth Equity Services LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after acquiring an additional 596,099 shares during the last quarter. Stifel Financial Corp lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock worth $99,224,000 after acquiring an additional 35,479 shares during the period. Finally, Private Advisor Group LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 1.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company’s stock valued at $97,095,000 after purchasing an additional 28,765 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.7 %

Shares of NASDAQ:RDVY opened at $62.88 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $50.24 and a 52-week high of $64.63. The stock has a market cap of $13.70 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The business has a 50-day moving average price of $61.40 and a 200-day moving average price of $59.71.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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.