WealthBridge Capital Management LLC Sells 20,016 Shares of First Trust Rising Dividend Achievers ETF $RDVY

WealthBridge Capital Management LLC reduced its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 67.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,834 shares of the company’s stock after selling 20,016 shares during the quarter. WealthBridge Capital Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $671,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balefire LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 32.1% in the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after purchasing an additional 9,594 shares during the period. Cozad Asset Management Inc. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 9.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after buying an additional 9,181 shares during the period. Genesis Private Wealth LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the 4th quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock worth $7,786,000 after buying an additional 7,444 shares during the period. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth about $743,000. Finally, Aptus Capital Advisors LLC grew its stake in First Trust Rising Dividend Achievers ETF by 12.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 611,322 shares of the company’s stock valued at $41,118,000 after buying an additional 69,263 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 1.4%

First Trust Rising Dividend Achievers ETF stock opened at $78.57 on Wednesday. The stock has a market cap of $23.08 billion, a P/E ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a twelve month low of $61.52 and a twelve month high of $80.05. The company’s 50-day moving average price is $75.51 and its two-hundred day moving average price is $72.49.

First Trust Rising Dividend Achievers ETF 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.