Avantax Advisory Services Inc. Sells 20,520 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Avantax Advisory Services Inc. decreased its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 561,782 shares of the company's stock after selling 20,520 shares during the period. Avantax Advisory Services Inc. owned about 0.26% of First Trust NASDAQ Rising Dividend Achievers worth $33,224,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $25,000. Sugarloaf Wealth Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $40,000. Sound Income Strategies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $40,000. Eastern Bank bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $57,000. Finally, Blue Trust Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock valued at $72,000 after purchasing an additional 1,179 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 2.1 %

NASDAQ:RDVY traded up $1.23 on Friday, hitting $58.45. The company had a trading volume of 790,490 shares, compared to its average volume of 759,697. The stock has a market capitalization of $12.75 billion, a price-to-earnings ratio of 14.78 and a beta of 1.15. The firm has a 50 day moving average of $61.27 and a two-hundred day moving average of $60.57. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.78 and a 52 week high of $64.63.

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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.