Prism Advisors Inc. Has $1.49 Million Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Prism Advisors Inc. reduced its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,251 shares of the company’s stock after selling 1,669 shares during the quarter. Prism Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,493,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RDVY. Sugarloaf Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth $40,000. Sound Income Strategies LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $40,000. Eastern Bank bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $57,000. Blue Trust Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2,807.1% during the 4th quarter. Blue Trust Inc. now owns 1,221 shares of the company’s stock worth $72,000 after buying an additional 1,179 shares during the last quarter. Finally, Crewe Advisors LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.5% in the 3rd quarter. Crewe Advisors LLC now owns 1,635 shares of the company’s stock valued at $97,000 after acquiring an additional 182 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.6 %

Shares of RDVY opened at $62.52 on Monday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $50.24 and a 1-year high of $64.63. The company has a market cap of $13.55 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company’s fifty day simple moving average is $61.46 and its 200 day simple moving average is $59.43.

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.

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.