First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Holdings Decreased by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. cut its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 14.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,621 shares of the company’s stock after selling 2,328 shares during the quarter. Confluence Wealth Services Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $806,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of RDVY. BNP Paribas Financial Markets grew its position in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $29,000. Kings Path Partners LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter worth $31,000. Russell Investments Group Ltd. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the first quarter valued at $34,000. Finally, Rothschild Investment LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $34,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

RDVY opened at $58.87 on Monday. The company has a market capitalization of $12.14 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $44.67 and a fifty-two week high of $60.94. The business has a 50-day moving average of $58.69 and a 200-day moving average of $56.53.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Thursday, September 26th.

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.