First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Capital Square LLC

Capital Square LLC decreased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 4,319 shares of the company’s stock after selling 970 shares during the quarter. Capital Square LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $256,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Consolidated Portfolio Review Corp grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 7.9% in the second quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock valued at $6,463,000 after buying an additional 8,618 shares in the last quarter. Williams Financial LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth approximately $765,000. Atria Investments Inc raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 28.0% in the 1st quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock worth $5,485,000 after purchasing an additional 21,379 shares in the last quarter. Raymond James & Associates increased its stake in First Trust NASDAQ Rising Dividend Achievers by 2.3% in the 2nd quarter. Raymond James & Associates now owns 2,818,055 shares of the company’s stock worth $154,289,000 after purchasing an additional 64,200 shares in the last quarter. Finally, Spectrum Wealth Advisory Group LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter worth about $12,392,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.4 %

NASDAQ RDVY traded up $0.87 during trading on Monday, hitting $64.59. 173,713 shares of the company traded hands, compared to its average volume of 716,323. The business has a fifty day simple moving average of $60.18 and a 200 day simple moving average of $57.39. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $47.18 and a 12 month high of $64.59. The company has a market capitalization of $13.32 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Thursday, September 26th.

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.