Retireful LLC trimmed its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 87.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,117 shares of the company's stock after selling 48,453 shares during the quarter. Retireful LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $368,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farmers & Merchants Investments Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $25,000. PFG Private Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $26,000. Harbor Investment Advisory LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the third quarter worth approximately $29,000. Arlington Trust Co LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $29,000. Finally, BKM Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $43,000.
First Trust NASDAQ Rising Dividend Achievers Stock Up 0.8 %
NASDAQ:RDVY traded up $0.46 during midday trading on Friday, hitting $55.37. The stock had a trading volume of 711,791 shares, compared to its average volume of 822,707. First Trust NASDAQ Rising Dividend Achievers has a one year low of $42.42 and a one year high of $56.28. The company has a market capitalization of $10.32 billion, a price-to-earnings ratio of 9.91 and a beta of 1.15. The stock has a 50-day moving average of $53.33 and a 200 day moving average of $49.88.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.2238 dividend. The ex-dividend date was Thursday, March 21st. This represents a $0.90 annualized dividend and a yield of 1.62%.
About First Trust NASDAQ Rising Dividend Achievers
(
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.
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