Creekmur Asset Management LLC Sells 510 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Creekmur Asset Management LLC cut its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,334 shares of the company’s stock after selling 510 shares during the period. Creekmur Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $611,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Cullen Frost Bankers Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at about $25,000. Graney & King LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $27,000. Sound Income Strategies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $40,000. Sugarloaf Wealth Management LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth $40,000. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 169.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock worth $53,000 after buying an additional 566 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.4 %

NASDAQ RDVY opened at $58.79 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $52.78 and a twelve month high of $64.63. The business’s fifty day moving average is $60.84 and its 200 day moving average is $60.73. The company has a market cap of $12.83 billion, a price-to-earnings ratio of 14.89 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.2544 per share. This is a boost from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19. This represents a $1.02 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend was Thursday, March 27th.

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.