Orion Portfolio Solutions LLC lowered its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 31.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 46,897 shares of the company's stock after selling 21,901 shares during the period. Orion Portfolio Solutions LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,777,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of RDVY. Headlands Technologies LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $29,000. Kings Path Partners LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $31,000. Rothschild Investment LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth approximately $34,000. Hazlett Burt & Watson Inc. increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% in the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company's stock worth $40,000 after purchasing an additional 260 shares in the last quarter. Finally, Crewe Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 92.5% during the 2nd quarter. Crewe Advisors LLC now owns 1,453 shares of the company's stock valued at $80,000 after purchasing an additional 698 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Price Performance
Shares of NASDAQ RDVY traded up $0.40 during mid-day trading on Wednesday, reaching $62.54. The company's stock had a trading volume of 779,752 shares, compared to its average volume of 718,313. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $49.02 and a 52 week high of $64.63. The stock has a fifty day moving average of $61.44 and a two-hundred day moving average of $58.11. The firm has a market capitalization of $12.89 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. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Thursday, September 26th.
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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