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

Tidemark LLC lessened its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 21.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,885 shares of the company’s stock after selling 5,979 shares during the quarter. Tidemark LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,296,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDVY. LPL Financial LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 3.7% in the 2nd quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock valued at $1,060,656,000 after purchasing an additional 687,098 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised 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 valued at $376,283,000 after buying an additional 1,084,117 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after buying an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in First Trust NASDAQ Rising Dividend Achievers by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock valued at $175,717,000 after acquiring an additional 159,003 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $61.90 on Monday. The business’s 50 day moving average price is $59.58 and its 200 day moving average price is $57.11. The company has a market cap of $12.76 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $46.60 and a one year high of $63.72.

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 paid a dividend of $0.1912 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.24%.

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.