First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Financial Partners Group Inc

Financial Partners Group Inc trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 468,542 shares of the company’s stock after selling 16,394 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 4.1% of Financial Partners Group Inc’s portfolio, making the stock its 5th biggest holding. Financial Partners Group Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $27,742,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of RDVY. Consolidated Portfolio Review Corp raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 7.9% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock worth $6,463,000 after purchasing an additional 8,618 shares in the last quarter. Blair William & Co. IL lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 9.3% in the first quarter. Blair William & Co. IL now owns 351,981 shares of the company’s stock valued at $19,771,000 after acquiring an additional 30,086 shares during the last quarter. Williams Financial LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth approximately $765,000. Atria Investments Inc increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 28.0% during the 1st quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock worth $5,485,000 after purchasing an additional 21,379 shares during the last quarter. Finally, Atomi Financial Group Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter valued at $624,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of RDVY stock traded up $0.60 on Tuesday, hitting $59.66. The company’s stock had a trading volume of 140,225 shares, compared to its average volume of 713,352. The stock has a market capitalization of $12.30 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $45.15 and a fifty-two week high of $60.94. The firm’s fifty day moving average price is $58.72 and its 200-day moving average price is $56.57.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given 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 dividend yield of 1.28%.

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.