Florida Financial Advisors LLC Has $230,000 Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Florida Financial Advisors LLC cut its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 22.8% during the 4th quarter, HoldingsChannel reports. The firm owned 3,881 shares of the company’s stock after selling 1,145 shares during the quarter. Florida Financial Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $230,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. D.A. Davidson & CO. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 4.5% during the 3rd quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock worth $39,918,000 after buying an additional 29,294 shares during the period. Elios Financial Group Inc. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the third quarter worth about $6,731,000. ORG Partners LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the 4th quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after purchasing an additional 145,866 shares during the period. Captrust Financial Advisors bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth approximately $247,000. Finally, SMART Wealth LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 21.4% during the 3rd quarter. SMART Wealth LLC now owns 95,355 shares of the company’s stock worth $5,646,000 after buying an additional 16,777 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY opened at $59.91 on Wednesday. The firm has a market cap of $13.07 billion, a P/E ratio of 14.78 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.78 and a twelve month high of $64.63. The firm’s 50 day moving average price is $61.17 and its two-hundred day moving average price is $60.65.

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.