Onyx Bridge Wealth Group LLC decreased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 6.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,856 shares of the company’s stock after selling 1,136 shares during the quarter. Onyx Bridge Wealth Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $871,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Farmers & Merchants Investments Inc. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $25,000. Hazlett Burt & Watson Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 87.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 478 shares of the company’s stock valued at $25,000 after purchasing an additional 223 shares in the last quarter. PFG Private Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the fourth quarter valued at $26,000. Arlington Trust Co LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter valued at $29,000. Finally, Harbor Investment Advisory LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at $29,000.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of RDVY traded up $0.34 during midday trading on Friday, hitting $53.39. The stock had a trading volume of 902,007 shares, compared to its average volume of 804,486. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $42.42 and a 1 year high of $56.28. The firm has a market cap of $10.00 billion, a PE ratio of 9.85 and a beta of 1.15. The stock’s 50 day moving average is $53.87 and its 200 day moving average is $50.41.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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