First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Holdings Reduced by Ergawealth Advisors Inc.

Ergawealth Advisors Inc. decreased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 256,337 shares of the company’s stock after selling 3,747 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for about 7.5% of Ergawealth Advisors Inc.’s portfolio, making the stock its 5th largest position. Ergawealth Advisors Inc. owned 0.13% of First Trust NASDAQ Rising Dividend Achievers worth $15,178,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in RDVY. BNP Paribas Financial Markets increased its position in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares during the period. Headlands Technologies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $29,000. Kings Path Partners LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $31,000. Russell Investments Group Ltd. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth approximately $34,000. Finally, Rothschild Investment LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.3 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $59.49 on Friday. The firm’s 50 day moving average price is $58.43 and its 200-day moving average price is $56.28. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $60.94. The company has a market cap of $12.22 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, September 26th.

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.