First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC cut its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,664 shares of the company’s stock after selling 3,098 shares during the quarter. Apollon Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $926,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Spectrum Wealth Advisory Group LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $12,392,000. D.A. Davidson & CO. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.5% in the third quarter. D.A. Davidson & CO. now owns 674,180 shares of the company’s stock valued at $39,918,000 after purchasing an additional 29,294 shares during the last quarter. Claro Advisors LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 29.3% in the third quarter. Claro Advisors LLC now owns 62,771 shares of the company’s stock valued at $3,717,000 after purchasing an additional 14,235 shares during the last quarter. Elios Financial Group Inc. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at approximately $6,731,000. Finally, ORG Partners LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 259.3% in the fourth quarter. ORG Partners LLC now owns 202,120 shares of the company’s stock valued at $11,953,000 after purchasing an additional 145,866 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $62.43 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $50.24 and a 1 year high of $64.63. The firm’s 50 day moving average price is $61.27 and its 200 day moving average price is $59.86. The firm has a market cap of $13.62 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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