Merkkuri Wealth Advisors LLC trimmed its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 2.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,074 shares of the company’s stock after selling 306 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $715,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Mount Yale Investment Advisors LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 5.9% in the third quarter. Mount Yale Investment Advisors LLC now owns 57,114 shares of the company’s stock valued at $3,382,000 after purchasing an additional 3,181 shares during the period. Global Assets Advisory LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $4,370,000. International Assets Investment Management LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares in the last quarter. Altus Wealth Group LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $227,000. Finally, Chris Bulman Inc purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter valued at about $798,000.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of NASDAQ:RDVY opened at $59.49 on Friday. The firm has a market capitalization of $12.22 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $60.94. The firm’s 50-day moving average is $58.43 and its two-hundred day moving average is $56.28.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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