Tucker Asset Management LLC Sells 754 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Tucker Asset Management LLC reduced its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 15.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,051 shares of the company’s stock after selling 754 shares during the period. Tucker Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $240,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. ORG Partners LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after purchasing an additional 145,866 shares during the period. Captrust Financial Advisors bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $247,000. SMART Wealth LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 21.4% in the third quarter. SMART Wealth LLC now owns 95,355 shares of the company’s stock valued at $5,646,000 after purchasing an additional 16,777 shares during the last quarter. Next Level Private LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 6.2% during the fourth quarter. Next Level Private LLC now owns 262,333 shares of the company’s stock worth $15,514,000 after purchasing an additional 15,253 shares during the last quarter. Finally, Aspire Capital Advisors LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 3.7% in the fourth quarter. Aspire Capital Advisors LLC now owns 213,876 shares of the company’s stock valued at $12,649,000 after purchasing an additional 7,558 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ:RDVY opened at $58.03 on Friday. The company’s 50-day moving average price is $60.99 and its two-hundred day moving average price is $60.64. First Trust NASDAQ Rising Dividend Achievers has a one year low of $52.78 and a one year high of $64.63. The stock has a market capitalization of $13.20 billion, a PE ratio of 14.89 and a beta of 1.14.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.2544 dividend. This represents a $1.02 dividend on an annualized basis and a yield of 1.75%. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19. The ex-dividend date is Thursday, March 27th.

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.