C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors trimmed its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 40.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,627 shares of the company's stock after selling 24,537 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors' holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,166,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock worth $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock worth $402,823,000 after purchasing an additional 6,687,924 shares during the last quarter. Stifel Financial Corp grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% in the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company's stock worth $99,224,000 after purchasing an additional 35,479 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company's stock worth $97,095,000 after purchasing an additional 28,765 shares during the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% in the 3rd quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company's stock worth $75,007,000 after purchasing an additional 406,747 shares during the last quarter.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of RDVY traded down $1.56 during mid-day trading on Friday, hitting $61.25. The company's stock had a trading volume of 711,388 shares, compared to its average volume of 995,932. The firm has a 50-day moving average price of $61.24 and a 200 day moving average price of $60.17. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 14.00 and a beta of 1.13. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $51.90 and a fifty-two 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. Stockholders of record on Friday, December 13th were given a $0.2956 dividend. The ex-dividend date of this dividend was Friday, December 13th.
First Trust NASDAQ Rising Dividend Achievers Company Profile
(
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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