Comprehensive Financial Consultants Institutional Inc. Sells 759 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Comprehensive Financial Consultants Institutional Inc. trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,048 shares of the company’s stock after selling 759 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $832,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after acquiring an additional 687,098 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after buying an additional 1,084,117 shares during the last quarter. International Assets Investment Management LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after buying an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock worth $175,717,000 after acquiring an additional 159,003 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ:RDVY opened at $62.73 on Friday. The business has a fifty day moving average price of $58.95 and a 200-day moving average price of $56.70. The company has a market capitalization of $12.93 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $45.15 and a 1-year high of $63.51.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.22%.

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.