Bison Wealth LLC Sells 1,395 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Bison Wealth LLC reduced its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 10.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,390 shares of the company’s stock after selling 1,395 shares during the quarter. Bison Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $640,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Perigon Wealth Management LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 365.8% in the fourth quarter. Perigon Wealth Management LLC now owns 60,833 shares of the company’s stock worth $3,143,000 after purchasing an additional 47,774 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $1,665,000. RVW Wealth LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 4.4% in the fourth quarter. RVW Wealth LLC now owns 615,092 shares of the company’s stock worth $31,782,000 after purchasing an additional 25,894 shares during the period. Braun Bostich & Associates Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $1,113,000. Finally, BKM Wealth Management LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth about $43,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $53.65 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $42.42 and a 52 week high of $56.28. The firm has a market capitalization of $10.05 billion, a PE ratio of 9.85 and a beta of 1.15. The business’s 50-day simple moving average is $53.71 and its 200-day simple moving average is $50.26.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.2238 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust NASDAQ Rising Dividend Achievers 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.