First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Family Capital Management Inc.

Family Capital Management Inc. lowered its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,414 shares of the company’s stock after selling 511 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 0.8% of Family Capital Management Inc.’s portfolio, making the stock its 26th biggest holding. Family Capital Management Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,209,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kingsview Wealth Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers by 6.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 75,996 shares of the company’s stock worth $4,500,000 after buying an additional 4,390 shares during the last quarter. Great Valley Advisor Group Inc. increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 2.5% during the third quarter. Great Valley Advisor Group Inc. now owns 36,036 shares of the company’s stock worth $2,134,000 after acquiring an additional 887 shares during the period. Certified Advisory Corp raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 13.1% during the third quarter. Certified Advisory Corp now owns 47,775 shares of the company’s stock worth $2,829,000 after purchasing an additional 5,522 shares in the last quarter. Flagstar Advisors Inc. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the third quarter. Flagstar Advisors Inc. now owns 58,423 shares of the company’s stock valued at $3,459,000 after purchasing an additional 2,716 shares during the period. Finally, Nwam LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at approximately $277,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.0 %

NASDAQ RDVY opened at $63.72 on Friday. The business’s 50 day moving average is $60.18 and its two-hundred day moving average is $57.36. The stock has a market capitalization of $13.14 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $47.18 and a 12-month high of $63.78.

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 issued 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 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.