First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Clarity Capital Partners LLC

Clarity Capital Partners LLC lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 8.3% during the third quarter, Holdings Channel reports. The firm owned 15,682 shares of the company’s stock after buying an additional 1,198 shares during the period. Clarity Capital Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $929,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 3.5% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $305,000 after purchasing an additional 186 shares during the period. Arkadios Wealth Advisors boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 0.3% in the 2nd quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock valued at $3,904,000 after purchasing an additional 228 shares during the period. Old Port Advisors grew its position in First Trust NASDAQ Rising Dividend Achievers by 3.9% during the 2nd quarter. Old Port Advisors now owns 6,728 shares of the company’s stock worth $368,000 after purchasing an additional 250 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 54.2% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock worth $40,000 after acquiring an additional 260 shares in the last quarter. Finally, Alliance Wealth Advisors LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 0.5% in the second quarter. Alliance Wealth Advisors LLC now owns 52,867 shares of the company’s stock worth $2,894,000 after purchasing an additional 267 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ:RDVY opened at $59.06 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $45.15 and a fifty-two week high of $60.94. The stock has a market capitalization of $12.18 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a 50-day moving average of $58.72 and a two-hundred day moving average of $56.57.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company 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. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.29%.

About First Trust NASDAQ Rising Dividend Achievers

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.