First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. lowered its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 561,782 shares of the company’s stock after selling 20,520 shares during the period. Avantax Advisory Services Inc. owned approximately 0.26% of First Trust NASDAQ Rising Dividend Achievers worth $33,224,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of RDVY. Tyler Stone Wealth Management grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 100.7% in the 3rd quarter. Tyler Stone Wealth Management now owns 4,297 shares of the company’s stock worth $254,000 after acquiring an additional 2,156 shares during the period. Venturi Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at $105,000. Nations Financial Group Inc. IA ADV grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 25.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 43,044 shares of the company’s stock valued at $2,549,000 after buying an additional 8,728 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.8% during the 3rd quarter. Apollon Wealth Management LLC now owns 18,762 shares of the company’s stock valued at $1,111,000 after buying an additional 331 shares during the last quarter. Finally, Platform Technology Partners grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 21.9% during the 3rd quarter. Platform Technology Partners now owns 15,466 shares of the company’s stock valued at $916,000 after buying an additional 2,775 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ:RDVY opened at $58.05 on Wednesday. The business’s fifty day moving average price is $61.36 and its two-hundred day moving average price is $60.57. The stock has a market cap of $13.09 billion, a PE ratio of 14.78 and a beta of 1.14. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

First Trust NASDAQ Rising Dividend Achievers 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.