First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Presidio Capital Management LLC

Presidio Capital Management LLC lowered its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18.8% in the third quarter, HoldingsChannel.com reports. The firm owned 5,942 shares of the company’s stock after selling 1,375 shares during the period. Presidio Capital Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $352,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Woodmont Investment Counsel LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 61.5% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 6,362 shares of the company’s stock worth $377,000 after acquiring an additional 2,422 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.0% in the third quarter. Cozad Asset Management Inc. now owns 79,498 shares of the company’s stock valued at $4,707,000 after purchasing an additional 2,338 shares during the period. Financial Services Advisory Inc grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the third quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock valued at $881,000 after purchasing an additional 170 shares in the last quarter. US Financial Advisors LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers by 2.1% during the 3rd quarter. US Financial Advisors LLC now owns 196,448 shares of the company’s stock worth $11,632,000 after buying an additional 4,099 shares during the period. Finally, Ascension Capital Advisors Inc. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 6.0% during the 3rd quarter. Ascension Capital Advisors Inc. now owns 517,665 shares of the company’s stock worth $30,651,000 after buying an additional 29,254 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.0 %

Shares of NASDAQ RDVY opened at $62.73 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $45.15 and a 12-month high of $63.51. The stock has a market cap of $12.93 billion, a P/E ratio of 10.08 and a beta of 1.15. The business’s fifty day simple moving average is $58.95 and its 200-day simple moving average is $56.70.

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 paid a $0.1912 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.22%. 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.