Invst LLC reduced its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 17.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 117,772 shares of the company's stock after selling 24,884 shares during the period. Invst LLC owned approximately 0.06% of First Trust NASDAQ Rising Dividend Achievers worth $6,973,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company's stock valued at $1,203,528,000 after buying an additional 953,708 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% during 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 purchasing an additional 1,084,117 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third 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 last quarter. Commonwealth Equity Services LLC lifted its position 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 worth $309,720,000 after purchasing an additional 596,099 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company's stock worth $175,717,000 after purchasing an additional 159,003 shares during the last quarter.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
Shares of RDVY stock traded down $0.36 during trading hours on Tuesday, hitting $62.14. 917,717 shares of the company were exchanged, compared to its average volume of 718,055. First Trust NASDAQ Rising Dividend Achievers has a one year low of $49.00 and a one year high of $64.63. The business's 50-day simple moving average is $61.30 and its two-hundred day simple moving average is $58.03. The stock has a market capitalization of $12.81 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a yield of 1.23%.
About First Trust NASDAQ Rising Dividend Achievers
(
Free Report)
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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