Wealthcare Advisory Partners LLC Reduces Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Wealthcare Advisory Partners LLC reduced its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,767 shares of the company’s stock after selling 2,754 shares during the period. Wealthcare Advisory Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth $25,000. Hazlett Burt & Watson Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 87.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 478 shares of the company’s stock valued at $25,000 after acquiring an additional 223 shares during the period. PFG Private Wealth Management LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $26,000. Arlington Trust Co LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $29,000. Finally, Grove Bank & Trust bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at about $42,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded down $0.27 during trading on Thursday, reaching $54.49. 91,669 shares of the stock traded hands, compared to its average volume of 735,466. The company has a market capitalization of $10.31 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The business has a fifty day simple moving average of $54.68 and a two-hundred day simple moving average of $53.32. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $56.28.

First Trust NASDAQ Rising Dividend Achievers Company 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.