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

Prism Advisors Inc. lessened its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund 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.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trueblood Wealth Management LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% in the 4th quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after buying an additional 167 shares during the period. Financial Services Advisory Inc boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after buying an additional 170 shares during the last quarter. Crewe Advisors LLC grew 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 valued at $97,000 after acquiring an additional 182 shares during the period. L & S Advisors Inc raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the third quarter. L & S Advisors Inc now owns 19,350 shares of the company’s stock valued at $1,146,000 after buying an additional 197 shares during the period. Finally, Wills Financial Group Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. Wills Financial Group Inc. now owns 4,544 shares of the company’s stock valued at $269,000 after acquiring an additional 213 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $62.52 on Monday. The stock has a fifty day moving average of $61.46 and a 200-day moving average of $59.43. The stock has a market cap of $13.55 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.24 and a fifty-two week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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