Apexium Financial LP Sells 2,157 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Apexium Financial LP trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,374 shares of the company’s stock after selling 2,157 shares during the quarter. Apexium Financial LP’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,915,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RDVY. LPL Financial LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after buying an additional 953,708 shares in the last quarter. International Assets Investment Management LLC increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after purchasing an additional 6,687,924 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after acquiring an additional 596,099 shares during the period. Cetera Investment Advisers grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 10.3% during the second quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock valued at $136,668,000 after purchasing an additional 232,129 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in First Trust NASDAQ Rising Dividend Achievers by 4.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,862,913 shares of the company’s stock valued at $101,994,000 after purchasing an additional 71,047 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.6 %

Shares of NASDAQ RDVY opened at $62.52 on Monday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.24 and a twelve month high of $64.63. The stock has a market cap of $13.55 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company’s fifty day moving average is $61.46 and its 200-day moving average is $59.43.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.2956 per share. The ex-dividend date was Friday, December 13th.

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.