First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC cut its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 17.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,262 shares of the company’s stock after selling 5,122 shares during the period. Avior Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,437,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after purchasing an additional 6,687,924 shares during the period. Cetera Investment Advisers lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 178.5% in the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock valued at $127,174,000 after purchasing an additional 1,451,045 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after buying an additional 1,084,117 shares during the period. LPL Financial LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock valued at $1,060,656,000 after buying an additional 687,098 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after buying an additional 596,099 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.9 %

Shares of NASDAQ RDVY opened at $62.27 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a one year low of $47.11 and a one year high of $63.72. The business has a 50-day moving average price of $59.80 and a two-hundred day moving average price of $57.22. The firm has a market capitalization of $12.84 billion, a PE ratio of 10.08 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 Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date 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.