First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Braun Bostich & Associates Inc.

Braun Bostich & Associates Inc. reduced its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 61,266 shares of the company’s stock after selling 2,522 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 2.6% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 11th biggest holding. Braun Bostich & Associates Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,623,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Eastern Bank acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $57,000. Crewe Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the period. Wilmington Savings Fund Society FSB bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth approximately $104,000. Finally, Venturi Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $105,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $62.65 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63. The firm has a market capitalization of $13.55 billion, a PE ratio of 10.08 and a beta of 1.15. The stock has a fifty day moving average of $61.45 and a two-hundred day moving average of $59.21.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date of this dividend 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.