First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) is tru Independence LLC’s 6th Largest Position

tru Independence LLC reduced its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 146,903 shares of the company’s stock after selling 1,158 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 2.7% of tru Independence LLC’s portfolio, making the stock its 6th largest position. tru Independence LLC owned about 0.07% of First Trust NASDAQ Rising Dividend Achievers worth $8,688,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $40,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $40,000. Eastern Bank acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $57,000. Blue Trust Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% in the fourth quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock valued at $72,000 after purchasing an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the third quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after purchasing an additional 182 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY stock opened at $62.19 on Monday. The company’s 50 day simple moving average is $61.46 and its 200-day simple moving average is $59.43. The firm has a market capitalization of $13.48 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $50.24 and a 12 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. Investors of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date of this dividend 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.