Kestra Private Wealth Services LLC Lowers Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Kestra Private Wealth Services LLC lowered its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 660,029 shares of the company’s stock after selling 32,043 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up 0.7% of Kestra Private Wealth Services LLC’s portfolio, making the stock its 24th biggest holding. Kestra Private Wealth Services LLC owned approximately 0.30% of First Trust NASDAQ Rising Dividend Achievers worth $39,034,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth approximately $40,000. Sugarloaf Wealth Management LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at about $40,000. Eastern Bank bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth 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 increased its position in shares of 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 purchasing an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.9 %

RDVY stock opened at $62.09 on Friday. The stock has a market cap of $13.54 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 month high of $64.63. The company has a 50-day moving average price of $61.31 and a 200 day moving average price of $59.78.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.2956 per share. The ex-dividend date 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.