First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Holdings Trimmed by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. cut its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 14.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,621 shares of the company’s stock after selling 2,328 shares during the quarter. Confluence Wealth Services Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $806,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of RDVY. BNP Paribas Financial Markets raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at $29,000. Kings Path Partners LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at $31,000. Russell Investments Group Ltd. bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter worth $34,000. Finally, Rothschild Investment LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.3 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $58.87 on Monday. The stock’s fifty day moving average is $58.69 and its 200-day moving average is $56.53. The firm has a market capitalization of $12.14 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $44.67 and a 12-month high of $60.94.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.30%. The ex-dividend date 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.