First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC reduced its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 16.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 15,664 shares of the company’s stock after selling 3,098 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $926,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in RDVY. Keystone Wealth Services LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 13.6% during the 3rd quarter. Keystone Wealth Services LLC now owns 4,958 shares of the company’s stock worth $294,000 after acquiring an additional 593 shares in the last quarter. PFG Advisors grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% during the 3rd quarter. PFG Advisors now owns 187,487 shares of the company’s stock valued at $11,101,000 after buying an additional 5,230 shares during the last quarter. Lynch & Associates IN grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 15.2% during the 3rd quarter. Lynch & Associates IN now owns 9,879 shares of the company’s stock valued at $585,000 after buying an additional 1,305 shares during the last quarter. EdgeRock Capital LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 68.6% during the 3rd quarter. EdgeRock Capital LLC now owns 36,869 shares of the company’s stock valued at $2,183,000 after buying an additional 15,004 shares during the last quarter. Finally, Braun Bostich & Associates Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 24.5% during the 3rd quarter. Braun Bostich & Associates Inc. now owns 63,788 shares of the company’s stock valued at $3,777,000 after buying an additional 12,559 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.1 %

Shares of NASDAQ:RDVY opened at $62.43 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63. The firm has a 50-day simple moving average of $61.27 and a 200 day simple moving average of $59.86. The company has a market cap of $13.62 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend 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.