First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by StoneX Group Inc.

StoneX Group Inc. trimmed its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 14.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 113,752 shares of the company's stock after selling 19,200 shares during the period. StoneX Group Inc. owned 0.05% of First Trust NASDAQ Rising Dividend Achievers worth $6,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ORG Partners LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company's stock valued at $11,953,000 after acquiring an additional 145,866 shares during the last quarter. Captrust Financial Advisors acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth about $247,000. SMART Wealth LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 21.4% during the 3rd quarter. SMART Wealth LLC now owns 95,355 shares of the company's stock worth $5,646,000 after purchasing an additional 16,777 shares during the period. Next Level Private LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 6.2% during the 4th quarter. Next Level Private LLC now owns 262,333 shares of the company's stock valued at $15,514,000 after buying an additional 15,253 shares during the last quarter. Finally, Aspire Capital Advisors LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% in the 4th quarter. Aspire Capital Advisors LLC now owns 213,876 shares of the company's stock valued at $12,649,000 after buying an additional 7,558 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock traded down $3.17 during midday trading on Friday, hitting $52.72. 2,489,464 shares of the company were exchanged, compared to its average volume of 789,088. The business has a fifty day simple moving average of $60.44 and a two-hundred day simple moving average of $60.67. The firm has a market capitalization of $12.04 billion, a PE ratio of 14.89 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $52.59 and a fifty-two week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.2544 per share. This is a boost from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19. The ex-dividend date was Thursday, March 27th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.93%.

About First Trust NASDAQ Rising Dividend Achievers

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.