Gateway Wealth Partners LLC Sells 18,221 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Gateway Wealth Partners LLC decreased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 25.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,943 shares of the company’s stock after selling 18,221 shares during the quarter. Gateway Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,190,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after purchasing an additional 953,708 shares in the last quarter. International Assets Investment Management LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after purchasing an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after purchasing an additional 596,099 shares in the last quarter. Cetera Investment Advisers raised its stake in First Trust NASDAQ Rising Dividend Achievers by 10.3% in the 2nd quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock worth $136,668,000 after purchasing an additional 232,129 shares in the last quarter. Finally, Stifel Financial Corp raised its stake in First Trust NASDAQ Rising Dividend Achievers by 2.2% in the 3rd quarter. Stifel Financial Corp now owns 1,675,769 shares of the company’s stock worth $99,224,000 after purchasing an additional 35,479 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.1 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $62.57 on Wednesday. The company has a 50-day simple moving average of $61.49 and a two-hundred day simple moving average of $59.53. The stock has a market capitalization of $13.56 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.2956 dividend. 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.