AE Wealth Management LLC trimmed its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 4.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,504 shares of the company’s stock after selling 4,136 shares during the quarter. AE Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,517,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. Harbour Investments Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 11.1% in the 4th quarter. Harbour Investments Inc. now owns 524,830 shares of the company’s stock valued at $27,118,000 after purchasing an additional 52,344 shares during the last quarter. US Bancorp DE boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 107.5% during the fourth quarter. US Bancorp DE now owns 305,539 shares of the company’s stock worth $15,790,000 after buying an additional 158,285 shares during the period. Focus Financial Network Inc. ADV bought a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $4,151,000. ORBA Wealth Advisors L.L.C. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $4,565,000. Finally, Steward Partners Investment Solutions LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $1,903,000.
First Trust NASDAQ Rising Dividend Achievers Trading Down 0.8 %
Shares of NASDAQ:RDVY opened at $58.75 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $59.33. The company has a market capitalization of $11.69 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The firm’s 50-day moving average is $57.00 and its 200 day moving average is $55.54.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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