B. Riley Wealth Advisors Inc. Lowers Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

B. Riley Wealth Advisors Inc. lessened its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,522 shares of the company’s stock after selling 1,726 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,445,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in RDVY. Harbour Investments Inc. boosted its position in First Trust NASDAQ Rising Dividend Achievers by 11.1% during the fourth quarter. Harbour Investments Inc. now owns 524,830 shares of the company’s stock worth $27,118,000 after acquiring an additional 52,344 shares during the last quarter. US Bancorp DE raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 107.5% in the 4th quarter. US Bancorp DE now owns 305,539 shares of the company’s stock valued at $15,790,000 after purchasing an additional 158,285 shares in the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at approximately $4,151,000. Beaumont Financial Advisors LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $2,546,000. Finally, Perigon Wealth Management LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 365.8% in the fourth quarter. Perigon Wealth Management LLC now owns 60,833 shares of the company’s stock worth $3,143,000 after acquiring an additional 47,774 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.7 %

NASDAQ RDVY traded up $0.42 during trading hours on Wednesday, hitting $58.46. The company had a trading volume of 898,433 shares, compared to its average volume of 741,136. The firm has a market cap of $11.60 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a fifty day simple moving average of $55.45 and a 200-day simple moving average of $54.17. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $43.30 and a fifty-two week high of $59.07.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.2616 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.79%.

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.