Merkkuri Wealth Advisors LLC Sells 1,664 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Merkkuri Wealth Advisors LLC decreased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 13.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,410 shares of the company’s stock after selling 1,664 shares during the period. Merkkuri Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $616,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after purchasing an additional 6,687,924 shares during the period. LPL Financial LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after acquiring an additional 953,708 shares during the period. JPMorgan Chase & Co. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 135.8% during the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after purchasing an additional 650,194 shares during the last quarter. Commonwealth Equity Services LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after purchasing an additional 596,099 shares in the last quarter. Finally, HighTower Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% in the third quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company’s stock valued at $75,007,000 after purchasing an additional 406,747 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.6 %

RDVY opened at $62.52 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63. The company has a market cap of $13.55 billion, a PE ratio of 10.08 and a beta of 1.15. The company has a 50 day moving average of $61.46 and a 200 day moving average of $59.40.

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 dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.