Walkner Condon Financial Advisors LLC Has $3.12 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Walkner Condon Financial Advisors LLC reduced its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 49.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,638 shares of the company’s stock after selling 51,223 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,117,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of RDVY. International Assets Investment Management LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after acquiring an additional 6,687,924 shares during the period. Cetera Investment Advisers grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 178.5% in the 1st quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock valued at $127,174,000 after buying an additional 1,451,045 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 18.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock valued at $376,283,000 after buying an additional 1,084,117 shares during the last quarter. LPL Financial LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 3.7% in the 2nd quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after buying an additional 687,098 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after buying an additional 596,099 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 6.2 %

RDVY opened at $63.38 on Thursday. The business has a 50 day moving average of $58.86 and a 200-day moving average of $56.66. The stock has a market capitalization of $13.07 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 $63.51.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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 dividend yield of 1.21%. 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.