Tranquility Partners LLC Lowers Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Tranquility Partners LLC lessened its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,382 shares of the company’s stock after selling 529 shares during the quarter. Tranquility Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $923,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC increased its stake in 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 valued at $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. International Assets Investment Management LLC increased its stake 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 valued at $402,823,000 after acquiring an additional 6,687,924 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings 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 worth $309,720,000 after acquiring an additional 596,099 shares during the period. Stifel Financial Corp boosted its position in shares of 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 worth $99,224,000 after acquiring an additional 35,479 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings 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 purchasing an additional 28,765 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $61.58 on Thursday. The firm has a market capitalization of $13.43 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 $50.24 and a one year high of $64.63. The company has a 50 day moving average price of $61.24 and a 200 day moving average price of $59.89.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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