First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC trimmed its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 72,505 shares of the company’s stock after selling 3,491 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,288,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of RDVY. Sugarloaf Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $40,000. Sound Income Strategies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $40,000. Eastern Bank purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $57,000. Blue Trust Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth 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 period. Finally, Crewe Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third 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 period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.09 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63. The firm has a 50 day moving average price of $61.31 and a 200 day moving average price of $59.78. The company has a market cap of $13.54 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. 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.