Clarus Wealth Advisors Reduces Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Clarus Wealth Advisors trimmed its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,888 shares of the company’s stock after selling 386 shares during the period. Clarus Wealth Advisors’ holdings in First Trust NASDAQ Rising Dividend Achievers were worth $711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in RDVY. Headlands Technologies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth approximately $29,000. Sugarloaf Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth approximately $40,000. Eastern Bank purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $57,000. Crewe Advisors LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% during the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock worth $97,000 after buying an additional 182 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $104,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ:RDVY opened at $60.56 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $49.60 and a 12 month high of $64.63. The firm has a market capitalization of $13.01 billion, a P/E ratio of 10.08 and a beta of 1.15. The company’s fifty day moving average price is $61.54 and its 200 day moving average price is $59.01.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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