First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV reduced its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 9.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,153 shares of the company’s stock after selling 3,891 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,316,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. Walkner Condon Financial Advisors LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 6.4% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 56,027 shares of the company’s stock valued at $3,313,000 after purchasing an additional 3,389 shares during the last quarter. Hidden Cove Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $4,219,000. Gladstone Institutional Advisory LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 8.7% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 224,013 shares of the company’s stock valued at $13,248,000 after acquiring an additional 17,848 shares during the period. Perissos Private Wealth Management LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 86.3% during the fourth quarter. Perissos Private Wealth Management LLC now owns 30,627 shares of the company’s stock valued at $1,811,000 after acquiring an additional 14,191 shares during the period. Finally, Guided Capital Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $7,861,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.6 %

RDVY stock opened at $62.64 on Friday. The stock has a 50-day moving average price of $61.18 and a two-hundred day moving average price of $59.97. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $51.39 and a 12-month high of $64.63. The company has a market cap of $13.66 billion, a PE ratio of 10.08 and a beta of 1.15.

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 given 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.