First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Wedbush Securities Inc.

Posted by Tech Dows on Apr 5th, 2025

Wedbush Securities Inc. trimmed its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 2.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 90,472 shares of the company’s stock after selling 2,010 shares during the quarter. Wedbush Securities Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,351,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of RDVY. Cullen Frost Bankers Inc. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $25,000. Graney & King LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $27,000. Sugarloaf Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $40,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth $40,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of 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 worth $53,000 after buying an additional 566 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 5.7 %

Shares of NASDAQ RDVY opened at $52.72 on Friday. The firm has a 50-day simple moving average of $60.44 and a 200-day simple moving average of $60.65. The stock has a market capitalization of $12.04 billion, a price-to-earnings ratio of 14.89 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.59 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.2544 dividend. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.02 dividend on an annualized basis and a yield of 1.93%.

First Trust NASDAQ Rising Dividend Achievers Company Profile

(Free Report)

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.