Eudaimonia Advisors LLC Reduces Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Eudaimonia Advisors LLC cut its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,548 shares of the company’s stock after selling 313 shares during the quarter. Eudaimonia Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $803,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Beaumont Financial Advisors LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $2,546,000. Perigon Wealth Management LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 365.8% in the fourth quarter. Perigon Wealth Management LLC now owns 60,833 shares of the company’s stock valued at $3,143,000 after buying an additional 47,774 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $1,665,000. RVW Wealth LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.4% in the fourth quarter. RVW Wealth LLC now owns 615,092 shares of the company’s stock valued at $31,782,000 after purchasing an additional 25,894 shares during the period. Finally, Braun Bostich & Associates Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $1,113,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.0 %

NASDAQ:RDVY traded up $0.53 during mid-day trading on Tuesday, hitting $54.38. The stock had a trading volume of 655,262 shares, compared to its average volume of 800,920. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 9.85 and a beta of 1.15. The company has a 50 day simple moving average of $53.91 and a 200-day simple moving average of $50.55. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $42.42 and a 52 week high of $56.28.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were paid a $0.2238 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust NASDAQ Rising Dividend Achievers 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.