First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Short Interest Update

First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Get Free Report) was the recipient of a large decrease in short interest in the month of November. As of November 30th, there was short interest totalling 56,200 shares, a decrease of 35.6% from the November 15th total of 87,300 shares. Based on an average trading volume of 679,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On First Trust NASDAQ Rising Dividend Achievers

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RDVY. Synovus Financial Corp grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 56.9% during the third quarter. Synovus Financial Corp now owns 8,612 shares of the company's stock valued at $510,000 after acquiring an additional 3,124 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the third quarter valued at about $104,000. World Investment Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 54.9% during the 3rd quarter. World Investment Advisors LLC now owns 103,969 shares of the company's stock valued at $6,156,000 after purchasing an additional 36,863 shares in the last quarter. Sanctuary Advisors LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 4.2% during the 3rd quarter. Sanctuary Advisors LLC now owns 227,479 shares of the company's stock valued at $14,495,000 after purchasing an additional 9,123 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.9% during the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 229,330 shares of the company's stock worth $13,579,000 after purchasing an additional 6,397 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.4 %

NASDAQ:RDVY traded down $0.23 during trading hours on Friday, hitting $61.43. The stock had a trading volume of 508,543 shares, compared to its average volume of 717,163. The company has a market cap of $12.66 billion, a PE ratio of 10.08 and a beta of 1.15. The business has a 50 day simple moving average of $61.54 and a two-hundred day simple moving average of $58.21. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $49.60 and a 1-year high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.2956 per share. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust NASDAQ Rising Dividend Achievers

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.

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