Walker Asset Management LLC Has $1.16 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Walker Asset Management LLC decreased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,621 shares of the company’s stock after selling 1,000 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers accounts for about 0.7% of Walker Asset Management LLC’s portfolio, making the stock its 26th largest position. Walker Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,162,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of 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 period. Raymond James Financial Services Advisors Inc. increased its position 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 buying an additional 1,084,117 shares in the last quarter. LPL Financial LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 3.7% during 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 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 acquiring an additional 596,099 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.03 during trading hours on Thursday, hitting $59.34. The company’s stock had a trading volume of 207,837 shares, compared to its average volume of 718,010. The company has a market capitalization of $12.16 billion, a PE ratio of 10.08 and a beta of 1.15. The stock has a 50 day moving average of $58.38 and a 200 day moving average of $56.26. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.94.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Thursday, September 26th.

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.