TBH Global Asset Management LLC Has $2.47 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

TBH Global Asset Management LLC lessened its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 20.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. MBE Wealth Management LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.2% in the fourth quarter. MBE Wealth Management LLC now owns 4,057 shares of the company’s stock worth $240,000 after purchasing an additional 163 shares during the last quarter. Trueblood Wealth Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 1.4% in the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after buying an additional 167 shares during the last quarter. Financial Services Advisory Inc raised its position in First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after buying an additional 170 shares during the last quarter. Crewe Advisors LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 12.5% during the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after acquiring an additional 182 shares in the last quarter. Finally, L & S Advisors Inc boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 3rd quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock worth $1,146,000 after acquiring an additional 197 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock opened at $63.39 on Thursday. The firm has a 50-day moving average of $61.23 and a 200-day moving average of $60.10. First Trust NASDAQ Rising Dividend Achievers has a one year low of $51.50 and a one year high of $64.63. The company has a market cap of $13.83 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.2956 dividend. The ex-dividend date was Friday, December 13th.

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.