Simplicity Wealth LLC Lowers Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Simplicity Wealth LLC decreased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 65.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,697 shares of the company’s stock after selling 8,869 shares during the period. Simplicity Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $278,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. MBE Wealth Management LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock valued at $240,000 after purchasing an additional 163 shares during the period. Trueblood Wealth Management LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after purchasing an additional 167 shares during the period. Pacific Sun Financial Corp boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% in the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock valued at $360,000 after purchasing an additional 170 shares during the period. Crewe Advisors LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after purchasing an additional 182 shares during the period. Finally, L & S Advisors Inc boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after purchasing an additional 197 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $58.82 on Tuesday. The firm has a market capitalization of $13.26 billion, a price-to-earnings ratio of 14.78 and a beta of 1.14. The stock has a 50 day moving average price of $61.38 and a 200 day moving average price of $60.57. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $52.78 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed 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 was Friday, December 13th.

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.