Harbour Investments Inc. Sells 12,937 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Harbour Investments Inc. reduced its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 529,708 shares of the company’s stock after selling 12,937 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for 0.9% of Harbour Investments Inc.’s holdings, making the stock its 19th biggest holding. Harbour Investments Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $31,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of RDVY. Consolidated Portfolio Review Corp raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 7.9% in the second quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock valued at $6,463,000 after acquiring an additional 8,618 shares in the last quarter. Blair William & Co. IL lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 9.3% in the 1st quarter. Blair William & Co. IL now owns 351,981 shares of the company’s stock worth $19,771,000 after purchasing an additional 30,086 shares during the period. Williams Financial LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $765,000. Atria Investments Inc raised its stake in First Trust NASDAQ Rising Dividend Achievers by 28.0% in the first quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock worth $5,485,000 after buying an additional 21,379 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 2.3% during the second quarter. Raymond James & Associates now owns 2,818,055 shares of the company’s stock worth $154,289,000 after buying an additional 64,200 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.1 %

Shares of NASDAQ RDVY opened at $63.50 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $45.47 and a 12-month high of $63.72. The stock’s fifty day simple moving average is $59.03 and its two-hundred day simple moving average is $56.80. The stock has a market capitalization of $13.09 billion, a PE ratio of 10.08 and a beta of 1.15.

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 given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend 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.