First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Holdings Decreased by FSB Premier Wealth Management Inc.

FSB Premier Wealth Management Inc. reduced its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,450 shares of the company’s stock after selling 1,126 shares during the period. FSB Premier Wealth Management Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,032,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hazlett Burt & Watson Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 27.2% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 949 shares of the company’s stock worth $57,000 after buying an additional 203 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 169.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock valued at $53,000 after buying an additional 566 shares in the last quarter. L & S Advisors Inc boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.0% during the 4th quarter. L & S Advisors Inc now owns 19,938 shares of the company’s stock worth $1,179,000 after buying an additional 588 shares during the period. BlueChip Wealth Advisors LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in the fourth quarter. BlueChip Wealth Advisors LLC now owns 80,471 shares of the company’s stock valued at $4,759,000 after purchasing an additional 1,140 shares during the last quarter. Finally, Maridea Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $308,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

NASDAQ RDVY opened at $58.03 on Monday. The company’s fifty day moving average is $60.99 and its two-hundred day moving average is $60.70. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $52.78 and a 52-week high of $64.63. The firm has a market capitalization of $12.66 billion, a price-to-earnings ratio of 14.89 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

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

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.