TFB Advisors LLC Sells 1,660 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

TFB Advisors LLC trimmed its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 7.0% in the 4th quarter, HoldingsChannel reports. The fund owned 22,087 shares of the company’s stock after selling 1,660 shares during the quarter. TFB Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,306,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in RDVY. Sound Income Strategies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Sugarloaf Wealth Management LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Eastern Bank acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $57,000. Blue Trust Inc. increased its position in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after buying an additional 1,179 shares in the last quarter. Finally, Crewe Advisors LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after buying an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.43 on Wednesday. The business’s 50-day simple moving average is $61.27 and its two-hundred day simple moving average is $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 has a fifty-two week low of $50.24 and a fifty-two week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

About First Trust NASDAQ Rising Dividend Achievers

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.