First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Stake Decreased by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC trimmed its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Rating) by 23.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,370 shares of the company’s stock after selling 6,182 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $924,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Pitti Group Wealth Management LLC increased its stake in First Trust Rising Dividend Achievers ETF by 1.3% during the 3rd quarter. Pitti Group Wealth Management LLC now owns 24,722 shares of the company’s stock valued at $961,000 after buying an additional 311 shares during the period. Paragon Private Wealth Management LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.2% in the third quarter. Paragon Private Wealth Management LLC now owns 15,656 shares of the company’s stock valued at $670,000 after acquiring an additional 330 shares in the last quarter. Clarus Wealth Advisors increased its stake in shares of First Trust Rising Dividend Achievers ETF by 2.5% during the third quarter. Clarus Wealth Advisors now owns 13,805 shares of the company’s stock valued at $550,000 after acquiring an additional 333 shares during the period. Consolidated Planning Corp raised its holdings in First Trust Rising Dividend Achievers ETF by 0.8% during the third quarter. Consolidated Planning Corp now owns 43,581 shares of the company’s stock worth $1,694,000 after purchasing an additional 337 shares in the last quarter. Finally, Concorde Asset Management LLC lifted its position in First Trust Rising Dividend Achievers ETF by 6.0% in the third quarter. Concorde Asset Management LLC now owns 6,321 shares of the company’s stock worth $246,000 after purchasing an additional 358 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $42.66 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $38.34 and a 1 year high of $50.64. The firm has a market cap of $7.50 billion, a P/E ratio of 9.91 and a beta of 1.14. The stock has a fifty day moving average price of $46.51 and a two-hundred day moving average price of $44.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Tuesday, December 27th were issued a $0.376 dividend. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Friday, December 23rd. This represents a $1.50 annualized dividend and a dividend yield of 3.53%.

About First Trust Rising Dividend Achievers ETF

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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.