Sigma Planning Corp Cuts Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Sigma Planning Corp trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 135,279 shares of the company’s stock after selling 825 shares during the quarter. Sigma Planning Corp owned 0.06% of First Trust NASDAQ Rising Dividend Achievers worth $8,000,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in RDVY. International Assets Investment Management LLC boosted 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 buying an additional 6,687,924 shares during the last quarter. Mount Yale Investment Advisors LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.9% in the third quarter. Mount Yale Investment Advisors LLC now owns 57,114 shares of the company’s stock worth $3,382,000 after purchasing an additional 3,181 shares during the last quarter. Silver Oak Securities Incorporated increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 6.1% in the third quarter. Silver Oak Securities Incorporated now owns 204,727 shares of the company’s stock worth $12,069,000 after purchasing an additional 11,843 shares during the last quarter. Trueblood Wealth Management LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 56.3% in the third quarter. Trueblood Wealth Management LLC now owns 12,066 shares of the company’s stock worth $714,000 after buying an additional 4,347 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 35.9% in the third quarter. Arkadios Wealth Advisors now owns 96,911 shares of the company’s stock worth $5,738,000 after buying an additional 25,599 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY opened at $61.25 on Friday. The firm has a market cap of $13.65 billion, a P/E ratio of 14.00 and a beta of 1.13. The stock has a 50 day simple moving average of $61.24 and a two-hundred day simple moving average of $60.12. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $51.90 and a 1 year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

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.