Opinicus Capital Inc. Reduces Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Opinicus Capital Inc. lowered its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,562 shares of the company’s stock after selling 374 shares during the quarter. Opinicus Capital Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,098,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mainsail Financial Group LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 3.4% during the 4th quarter. Mainsail Financial Group LLC now owns 144,078 shares of the company’s stock valued at $8,521,000 after acquiring an additional 4,676 shares during the period. Platform Technology Partners lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 26.6% during the fourth quarter. Platform Technology Partners now owns 19,578 shares of the company’s stock worth $1,158,000 after purchasing an additional 4,112 shares during the last quarter. Realta Investment Advisors boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 21.8% during the fourth quarter. Realta Investment Advisors now owns 6,307 shares of the company’s stock valued at $376,000 after purchasing an additional 1,129 shares during the period. Barrett & Company Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 2.0% in the fourth quarter. Barrett & Company Inc. now owns 30,904 shares of the company’s stock worth $1,828,000 after purchasing an additional 611 shares during the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $8,867,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $62.09 on Friday. The stock has a market cap of $13.54 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The firm has a 50-day moving average of $61.35 and a two-hundred day moving average of $59.75. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2956 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.