StoneX Group Inc. Decreases Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

StoneX Group Inc. lessened its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 14.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of RDVY. Hazlett Burt & Watson Inc. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 27.2% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 949 shares of the company's stock valued at $57,000 after purchasing an additional 203 shares during the period. O Shaughnessy Asset Management LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 169.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company's stock valued at $53,000 after buying an additional 566 shares during the period. L & S Advisors Inc raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.0% during the fourth quarter. L & S Advisors Inc now owns 19,938 shares of the company's stock worth $1,179,000 after acquiring an additional 588 shares during the last quarter. BlueChip Wealth Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the fourth quarter. BlueChip Wealth Advisors LLC now owns 80,471 shares of the company's stock worth $4,759,000 after acquiring an additional 1,140 shares during the last quarter. Finally, Maridea Wealth Management LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $308,000.

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First Trust NASDAQ Rising Dividend Achievers Trading Down 5.6 %

NASDAQ:RDVY traded down $3.33 on Thursday, reaching $55.89. 1,683,198 shares of the stock traded hands, compared to its average volume of 782,679. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $52.78 and a 1-year high of $64.63. The company's 50 day moving average is $60.77 and its 200-day moving average is $60.72. The firm has a market capitalization of $12.77 billion, a price-to-earnings ratio of 14.89 and a beta of 1.15.

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 given a dividend of $0.2544 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19. This represents a $1.02 annualized dividend and a dividend yield of 1.82%.

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.