Hibernia Wealth Partners LLC Reduces Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Hibernia Wealth Partners LLC decreased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,685 shares of the company’s stock after selling 2,250 shares during the period. Hibernia Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $500,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Harbor Investment Advisory LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $29,000. BKM Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at approximately $43,000. Crewe Advisors LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $47,000. VitalStone Financial LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 40.5% in the 3rd quarter. VitalStone Financial LLC now owns 2,144 shares of the company’s stock worth $98,000 after acquiring an additional 618 shares during the last quarter. Finally, New Republic Capital LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $108,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock traded up $0.30 during trading hours on Friday, hitting $56.17. The company had a trading volume of 768,800 shares, compared to its average volume of 826,792. The company’s fifty day moving average is $52.91 and its 200 day moving average is $49.59. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $42.42 and a fifty-two week high of $56.28. The stock has a market capitalization of $10.19 billion, a PE ratio of 9.91 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were issued a $0.2238 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.90 annualized dividend and a dividend yield of 1.59%.

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.