U.S. Capital Wealth Advisors LLC Has $7.75 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

U.S. Capital Wealth Advisors LLC lowered its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.1% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 130,849 shares of the company’s stock after selling 2,825 shares during the period. U.S. Capital Wealth Advisors LLC owned about 0.06% of First Trust NASDAQ Rising Dividend Achievers worth $7,748,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its stake 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 valued at $1,060,656,000 after purchasing an additional 687,098 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in shares of 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 acquiring an additional 1,084,117 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Envestnet Asset Management Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock worth $175,717,000 after acquiring an additional 159,003 shares during the last quarter. Finally, Raymond James & Associates grew its position in First Trust NASDAQ Rising Dividend Achievers by 2.3% during the 2nd quarter. Raymond James & Associates now owns 2,818,055 shares of the company’s stock worth $154,289,000 after acquiring an additional 64,200 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.3 %

NASDAQ RDVY traded down $0.17 on Wednesday, hitting $59.54. The company’s stock had a trading volume of 172,482 shares, compared to its average volume of 717,940. The firm has a market cap of $12.21 billion, a PE ratio of 10.08 and a beta of 1.15. The company’s 50-day moving average is $58.30 and its 200 day moving average is $56.23. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $43.30 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. Investors of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.28%. 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.