Weitzel Financial Services Inc. Sells 423 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Weitzel Financial Services Inc. lessened its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 148,423 shares of the company’s stock after selling 423 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 4.1% of Weitzel Financial Services Inc.’s holdings, making the stock its 9th biggest position. Weitzel Financial Services Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $8,702,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock valued at $28,000 after acquiring an additional 494 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $29,000. Kings Path Partners LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $31,000. Russell Investments Group Ltd. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter valued at about $34,000. Finally, Rothschild Investment LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 6.2 %

Shares of RDVY stock opened at $63.38 on Thursday. The company’s 50-day moving average price is $58.86 and its 200-day moving average price is $56.66. The stock has a market cap of $13.07 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $45.15 and a twelve month high of $63.51.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.21%.

First Trust NASDAQ Rising Dividend Achievers 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.