World Equity Group Inc. lessened its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 13.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,098 shares of the company's stock after selling 5,894 shares during the quarter. World Equity Group Inc.'s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,312,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter valued at about $40,000. Sound Income Strategies LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $57,000. Blue Trust Inc. lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company's stock valued at $72,000 after purchasing an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC lifted its stake 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 valued at $97,000 after purchasing an additional 182 shares during the last quarter.
First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %
Shares of NASDAQ RDVY traded down $0.17 during trading hours on Wednesday, hitting $61.19. 692,024 shares of the company traded hands, compared to its average volume of 982,590. The stock has a market capitalization of $13.35 billion, a price-to-earnings ratio of 14.00 and a beta of 1.15. The company's 50 day moving average price is $61.25 and its 200 day moving average price is $60.34. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.43 and a 12 month high of $64.63.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently announced 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.
About First Trust NASDAQ Rising Dividend Achievers
(
Free Report)
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.
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