Onyx Bridge Wealth Group LLC Sells 737 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Onyx Bridge Wealth Group LLC decreased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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.

Other hedge funds also recently bought and sold shares of the company. Lion Street Advisors LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% in the 4th quarter. Lion Street Advisors LLC now owns 28,665 shares of the company’s stock valued at $1,695,000 after acquiring an additional 1,093 shares during the period. Stratos Investment Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $255,000. Stratos Wealth Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 3.8% in the fourth quarter. Stratos Wealth Advisors LLC now owns 169,913 shares of the company’s stock valued at $10,049,000 after purchasing an additional 6,148 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 427,249 shares of the company’s stock worth $25,268,000 after purchasing an additional 10,547 shares in the last quarter. Finally, HFG Advisors Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.7% during the fourth quarter. HFG Advisors Inc. now owns 103,448 shares of the company’s stock valued at $6,118,000 after buying an additional 1,739 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $62.88 on Thursday. The stock has a market capitalization of $13.70 billion, a P/E ratio of 10.08 and a beta of 1.15. The company’s 50-day simple moving average is $61.40 and its 200-day simple moving average is $59.71. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date 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.