US Bancorp DE Trims Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

US Bancorp DE lowered its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 328,477 shares of the company's stock after selling 5,600 shares during the quarter. US Bancorp DE owned 0.15% of First Trust NASDAQ Rising Dividend Achievers worth $19,430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Stephens Inc. AR lifted its position in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. Stephens Inc. AR now owns 46,209 shares of the company's stock valued at $2,736,000 after purchasing an additional 455 shares during the period. TrueWealth Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 22.4% during the 3rd quarter. TrueWealth Advisors LLC now owns 34,245 shares of the company's stock valued at $2,028,000 after buying an additional 6,264 shares during the last quarter. World Equity Group Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 15.7% in the 3rd quarter. World Equity Group Inc. now owns 44,992 shares of the company's stock worth $2,664,000 after buying an additional 6,090 shares during the last quarter. Moloney Securities Asset Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 16,630 shares of the company's stock worth $985,000 after buying an additional 1,840 shares during the last quarter. Finally, Clarity Capital Partners LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 8.3% in the third quarter. Clarity Capital Partners LLC now owns 15,682 shares of the company's stock worth $929,000 after acquiring an additional 1,198 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.8 %

RDVY stock traded down $1.13 during trading on Monday, reaching $60.34. The stock had a trading volume of 1,140,103 shares, compared to its average volume of 983,853. The firm has a market cap of $13.16 billion, a PE ratio of 14.00 and a beta of 1.15. The stock's 50 day moving average is $61.39 and its two-hundred day moving average is $60.47. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $52.78 and a 52 week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders 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 Company 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.