Advisory Alpha LLC Has $2.27 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Advisory Alpha LLC trimmed its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 9.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 38,357 shares of the company’s stock after selling 4,106 shares during the quarter. Advisory Alpha LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,268,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares in the last quarter. LPL Financial LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock valued at $1,203,528,000 after buying an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. grew its position in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the third quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company’s stock valued at $66,838,000 after acquiring an additional 650,194 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings 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 acquiring an additional 596,099 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% in the 3rd 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 in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $62.65 on Wednesday. The stock has a market cap of $13.55 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company has a 50 day simple moving average of $61.45 and a 200 day simple moving average of $59.21. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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