POM Investment Strategies LLC trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 134,873 shares of the company’s stock after selling 3,860 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 5.9% of POM Investment Strategies LLC’s holdings, making the stock its 5th largest holding. POM Investment Strategies LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $7,384,000 as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of the company. Harbour Investments Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 11.1% during the 4th quarter. Harbour Investments Inc. now owns 524,830 shares of the company’s stock valued at $27,118,000 after acquiring an additional 52,344 shares during the period. US Bancorp DE grew its stake in First Trust NASDAQ Rising Dividend Achievers by 107.5% in the 4th quarter. US Bancorp DE now owns 305,539 shares of the company’s stock worth $15,790,000 after acquiring an additional 158,285 shares in the last quarter. Focus Financial Network Inc. ADV bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $4,151,000. ORBA Wealth Advisors L.L.C. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at approximately $4,565,000. Finally, Steward Partners Investment Solutions LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at approximately $1,903,000.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
RDVY traded up $1.02 during trading on Friday, hitting $58.04. The stock had a trading volume of 631,009 shares, compared to its average volume of 740,165. The company has a market capitalization of $11.55 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $43.30 and a twelve month high of $59.07. The stock has a 50 day simple moving average of $55.96 and a two-hundred day simple moving average of $54.77.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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