Purus Wealth Management LLC Reduces Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Purus Wealth Management LLC cut its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,113 shares of the company’s stock after selling 1,348 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for 1.2% of Purus Wealth Management LLC’s portfolio, making the stock its 20th biggest position. Purus Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,964,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SFG Wealth Management LLC. increased its position in First Trust NASDAQ Rising Dividend Achievers by 15.4% during the 4th quarter. SFG Wealth Management LLC. now owns 13,004 shares of the company’s stock valued at $769,000 after purchasing an additional 1,734 shares during the period. Willner & Heller LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.1% during the 4th quarter. Willner & Heller LLC now owns 52,983 shares of the company’s stock valued at $3,133,000 after purchasing an additional 1,068 shares in the last quarter. Trueblood Wealth Management LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 1.4% during the fourth quarter. Trueblood Wealth Management LLC now owns 12,233 shares of the company’s stock valued at $723,000 after buying an additional 167 shares during the period. City Holding Co. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 7.7% during the fourth quarter. City Holding Co. now owns 103,634 shares of the company’s stock valued at $6,128,000 after buying an additional 7,414 shares during the period. Finally, Ellsworth Advisors LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 5.9% in the fourth quarter. Ellsworth Advisors LLC now owns 22,301 shares of the company’s stock worth $1,319,000 after buying an additional 1,248 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.5 %

NASDAQ RDVY opened at $62.18 on Monday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $49.60 and a twelve month high of $64.63. The firm has a market capitalization of $13.39 billion, a PE ratio of 10.08 and a beta of 1.15. The stock’s 50 day moving average is $61.47 and its 200 day moving average is $59.16.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid 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.