Elevated Capital Advisors LLC Sells 538 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Elevated Capital Advisors LLC decreased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 22,547 shares of the company’s stock after selling 538 shares during the quarter. Elevated Capital Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,333,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RDVY. Financial Services Advisory Inc grew its position in shares of 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 worth $881,000 after buying an additional 170 shares during the period. Crewe Advisors LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during 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 in the last quarter. L & S Advisors Inc lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after purchasing an additional 197 shares during the last quarter. Wills Financial Group Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. Wills Financial Group Inc. now owns 4,544 shares of the company’s stock worth $269,000 after purchasing an additional 213 shares in the last quarter. Finally, PFG Investments LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.0% in the 3rd quarter. PFG Investments LLC now owns 7,426 shares of the company’s stock worth $440,000 after buying an additional 285 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.5 %

NASDAQ:RDVY traded up $0.90 during trading hours on Monday, reaching $59.83. 789,322 shares of the company traded hands, compared to its average volume of 875,738. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $49.60 and a 1 year high of $64.63. The stock has a market capitalization of $12.86 billion, a P/E ratio of 10.08 and a beta of 1.15. The business’s 50-day moving average price is $61.51 and its two-hundred day moving average price is $58.93.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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

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.