Herold Advisors Inc. Trims Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Herold Advisors Inc. lowered its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 25,504 shares of the company’s stock after selling 1,500 shares during the period. Herold Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,318,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Beaumont Financial Advisors LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $2,546,000. Perigon Wealth Management LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 365.8% in the 4th quarter. Perigon Wealth Management LLC now owns 60,833 shares of the company’s stock valued at $3,143,000 after purchasing an additional 47,774 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $1,665,000. Atria Wealth Solutions Inc. increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 13.9% in the 4th quarter. Atria Wealth Solutions Inc. now owns 494,573 shares of the company’s stock valued at $25,555,000 after purchasing an additional 60,369 shares in the last quarter. Finally, RVW Wealth LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.4% in the 4th 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 in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.1 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $54.24 on Friday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $42.42 and a twelve month high of $56.28. The firm has a market cap of $10.21 billion, a PE ratio of 9.85 and a beta of 1.15. The business has a 50-day moving average price of $54.14 and a 200 day moving average price of $50.73.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

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.