Onyx Bridge Wealth Group LLC Lowers Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Onyx Bridge Wealth Group LLC lowered its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 16,856 shares of the company’s stock after selling 1,136 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $871,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in RDVY. International Assets Investment Management LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,519.6% during the 4th quarter. International Assets Investment Management LLC now owns 6,615,517 shares of the company’s stock valued at $341,824,000 after purchasing an additional 6,497,795 shares during the last quarter. Morgan Stanley grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 8.1% in the 3rd quarter. Morgan Stanley now owns 12,995,589 shares of the company’s stock worth $597,147,000 after acquiring an additional 969,819 shares during the last quarter. Royal Bank of Canada grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 36.3% in the 1st quarter. Royal Bank of Canada now owns 3,260,517 shares of the company’s stock worth $159,766,000 after acquiring an additional 868,610 shares during the last quarter. LPL Financial LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.5% in the 3rd quarter. LPL Financial LLC now owns 16,132,424 shares of the company’s stock worth $741,285,000 after acquiring an additional 689,605 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 5,803,282 shares of the company’s stock worth $299,856,000 after acquiring an additional 557,879 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.34 during trading hours on Friday, reaching $53.39. The stock had a trading volume of 902,007 shares, compared to its average volume of 804,486. The stock has a market cap of $10.00 billion, a PE ratio of 9.85 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $42.42 and a 52 week high of $56.28. The company has a fifty day simple moving average of $53.87 and a 200-day simple moving average of $50.41.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.2238 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Thursday, March 21st.

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.