Farther Finance Advisors LLC trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 12.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,518 shares of the company’s stock after selling 2,083 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $859,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at $25,000. Sound Income Strategies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Eastern Bank acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $57,000. Finally, Blue Trust Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after acquiring an additional 1,179 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of RDVY stock opened at $58.45 on Friday. The firm has a market cap of $12.75 billion, a P/E ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63. The firm has a fifty day moving average of $61.27 and a two-hundred day moving average of $60.53.
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.
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