IFP Advisors Inc Trims Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

IFP Advisors Inc trimmed its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 23.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 74,335 shares of the company's stock after selling 22,838 shares during the quarter. IFP Advisors Inc's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,396,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of RDVY. MBE Wealth Management LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% during the 4th quarter. MBE Wealth Management LLC now owns 4,057 shares of the company's stock worth $240,000 after acquiring an additional 163 shares in the last quarter. Trueblood Wealth Management LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.4% in the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company's stock worth $723,000 after purchasing an additional 167 shares during the last quarter. Financial Services Advisory Inc increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% during the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company's stock worth $881,000 after purchasing an additional 170 shares in the last quarter. Pacific Sun Financial Corp lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.9% during the 4th quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company's stock valued at $360,000 after purchasing an additional 170 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company's stock worth $97,000 after purchasing an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY traded up $0.65 during mid-day trading on Friday, hitting $61.47. 867,618 shares of the company's stock traded hands, compared to its average volume of 979,847. The company has a fifty day moving average of $61.35 and a 200 day moving average of $60.35. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.59 and a twelve month high of $64.63. The company has a market capitalization of $13.41 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. Investors of record on Friday, December 13th were given a $0.2956 dividend. 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.