First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Alta Wealth Advisors LLC

Alta Wealth Advisors LLC cut its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 16.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,367 shares of the company’s stock after selling 1,072 shares during the period. Alta Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $317,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after buying an additional 953,708 shares in the last quarter. International Assets Investment Management LLC raised 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 purchasing an additional 6,687,924 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of 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 valued at $309,720,000 after purchasing an additional 596,099 shares during the last quarter. Stifel Financial Corp boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.2% in the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock worth $99,224,000 after purchasing an additional 35,479 shares in the last quarter. Finally, Private Advisor Group LLC grew its position 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 worth $97,095,000 after purchasing an additional 28,765 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.8 %

NASDAQ RDVY opened at $63.23 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.24 and a 12-month high of $64.63. The company has a fifty day simple moving average of $61.50 and a two-hundred day simple moving average of $59.55. The stock has a market cap of $13.75 billion, a P/E ratio of 10.08 and a beta of 1.15.

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 paid a $0.2956 dividend. 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.