Ameritas Advisory Services LLC Lowers Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ameritas Advisory Services LLC lessened its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 24.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 116,234 shares of the company’s stock after selling 37,627 shares during the period. Ameritas Advisory Services LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $6,882,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its stake in shares of 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 worth $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 during the second quarter worth about $29,000. Kings Path Partners LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $31,000. Russell Investments Group Ltd. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $34,000. Finally, Rothschild Investment LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.5 %

Shares of RDVY traded up $0.31 during midday trading on Tuesday, reaching $59.37. 34,677 shares of the company were exchanged, compared to its average volume of 712,977. The stock has a 50-day moving average price of $58.72 and a 200-day moving average price of $56.57. The company has a market cap of $12.24 billion, a price-to-earnings 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 $60.94.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed 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. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date was Thursday, September 26th.

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.