First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by RFG Advisory LLC

RFG Advisory LLC cut its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 36.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,383 shares of the company's stock after selling 48,845 shares during the period. RFG Advisory LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,996,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.5% during the second quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company's stock worth $305,000 after acquiring an additional 186 shares during the last quarter. Curtis Advisory Group LLC raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% in the first quarter. Curtis Advisory Group LLC now owns 19,583 shares of the company's stock valued at $1,100,000 after buying an additional 200 shares during the last quarter. Kaydan Wealth Management Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.1% during the first quarter. Kaydan Wealth Management Inc. now owns 18,651 shares of the company's stock worth $1,048,000 after buying an additional 206 shares during the period. SteelPeak Wealth LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 0.6% during the first quarter. SteelPeak Wealth LLC now owns 38,192 shares of the company's stock worth $2,145,000 after buying an additional 223 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 0.3% during the second quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company's stock worth $3,904,000 after buying an additional 228 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.4 %

RDVY traded down $0.22 on Friday, hitting $60.57. 537,382 shares of the company traded hands, compared to its average volume of 722,838. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $60.94. The company has a 50 day moving average of $58.12 and a 200-day moving average of $56.16. The stock has a market capitalization of $12.41 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 declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Thursday, September 26th.

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.