First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Holdings Cut by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. reduced its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,307 shares of the company’s stock after selling 4,085 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers comprises approximately 4.2% of Stegent Equity Advisors Inc.’s investment portfolio, making the stock its 3rd biggest holding. Stegent Equity Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,099,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Whipplewood Advisors LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $290,000. Ascension Capital Advisors Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.1% in the fourth quarter. Ascension Capital Advisors Inc. now owns 528,668 shares of the company’s stock worth $31,265,000 after purchasing an additional 11,003 shares during the last quarter. Cutter & CO Brokerage Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 6.1% in the fourth quarter. Cutter & CO Brokerage Inc. now owns 3,947 shares of the company’s stock worth $233,000 after purchasing an additional 226 shares during the last quarter. Twin Peaks Wealth Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 7.3% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 35,053 shares of the company’s stock worth $2,073,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Horizon Advisory Services Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 22.4% in the fourth quarter. Horizon Advisory Services Inc. now owns 566,625 shares of the company’s stock worth $33,510,000 after purchasing an additional 103,730 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %

NASDAQ:RDVY opened at $61.19 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $52.43 and a 12 month high of $64.63. The firm has a fifty day simple moving average of $61.30 and a 200-day simple moving average of $60.35. The company has a market capitalization of $13.35 billion, a P/E ratio of 14.00 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed 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.

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.