First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by TBH Global Asset Management LLC

TBH Global Asset Management LLC trimmed its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 20.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,717 shares of the company's stock after selling 10,801 shares during the period. TBH Global Asset Management LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,467,000 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. LPL Financial LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company's stock valued at $402,823,000 after purchasing an additional 6,687,924 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 11.9% during the 4th quarter. Private Advisor Group LLC now owns 1,835,062 shares of the company's stock valued at $108,526,000 after purchasing an additional 195,213 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.2% during the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company's stock valued at $99,224,000 after purchasing an additional 35,479 shares in the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 47.3% during the 3rd quarter. HighTower Advisors LLC now owns 1,267,282 shares of the company's stock valued at $75,007,000 after purchasing an additional 406,747 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 2.5 %

Shares of NASDAQ:RDVY traded down $1.56 during trading on Friday, hitting $61.25. 711,388 shares of the stock traded hands, compared to its average volume of 995,932. The company has a market cap of $13.65 billion, a price-to-earnings ratio of 14.00 and a beta of 1.13. The company has a fifty day moving average price of $61.24 and a two-hundred day moving average price of $60.17. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $51.90 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date of this dividend 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.