First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) is Ergawealth Advisors Inc.’s 5th Largest Position

Ergawealth Advisors Inc. decreased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 255,011 shares of the company’s stock after selling 1,326 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up about 7.5% of Ergawealth Advisors Inc.’s holdings, making the stock its 5th biggest position. Ergawealth Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $15,081,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MBE Wealth Management LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 4.2% in the 4th quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after buying an additional 163 shares in the last quarter. Trueblood Wealth Management LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% in the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock worth $723,000 after buying an additional 167 shares in the last quarter. Financial Services Advisory Inc lifted its position in First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after buying an additional 170 shares in the last quarter. Pacific Sun Financial Corp lifted its position in First Trust NASDAQ Rising Dividend Achievers by 2.9% in the 4th quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock worth $360,000 after buying an additional 170 shares in the last quarter. Finally, Crewe Advisors LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.6 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $60.82 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.44 and a 1-year high of $64.63. The firm’s fifty day simple moving average is $61.35 and its 200-day simple moving average is $60.35. The company has a market capitalization of $13.27 billion, a P/E ratio of 14.00 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 paid a $0.2956 dividend. 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.