First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. decreased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 163,140 shares of the company's stock after selling 20,996 shares during the quarter. First Horizon Advisors Inc. owned approximately 0.07% of First Trust NASDAQ Rising Dividend Achievers worth $9,648,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock worth $1,203,528,000 after acquiring an additional 953,708 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 135.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,128,835 shares of the company's stock worth $66,838,000 after purchasing an additional 650,194 shares during the period. HighTower Advisors LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 47.3% during the third 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 in the last quarter. Benjamin Edwards Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,198.7% in the third quarter. Benjamin Edwards Inc. now owns 336,786 shares of the company's stock valued at $19,947,000 after purchasing an additional 330,430 shares during the period. Finally, Spectrum Wealth Advisory Group LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $12,392,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.3 %

Shares of RDVY stock traded down $0.17 during trading hours on Wednesday, hitting $61.19. 692,024 shares of the company's stock were exchanged, compared to its average volume of 982,587. The firm has a 50 day moving average of $61.25 and a two-hundred day moving average of $60.34. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.43 and a fifty-two week high of $64.63. The firm has a market cap of $13.35 billion, a P/E ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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

First Trust NASDAQ Rising Dividend Achievers 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.