Aveo Capital Partners LLC Sells 7,813 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Aveo Capital Partners LLC cut its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 32.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,336 shares of the company's stock after selling 7,813 shares during the period. Aveo Capital Partners LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $966,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. International Assets Investment Management LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock valued at $402,823,000 after buying an additional 6,687,924 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company's stock worth $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Stifel Financial Corp grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% in the third quarter. Stifel Financial Corp now owns 1,675,769 shares of the company's stock worth $99,224,000 after acquiring an additional 35,479 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% in the third quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company's stock worth $97,095,000 after acquiring an additional 28,765 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY traded up $0.01 during trading hours on Wednesday, hitting $63.26. The company had a trading volume of 500,954 shares, compared to its average volume of 986,629. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The firm has a fifty day moving average price of $61.19 and a 200-day moving average price of $60.02. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $51.50 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

First Trust NASDAQ Rising Dividend Achievers Company 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.