First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Stock Holdings Trimmed by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC lowered its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.1% during the 3rd quarter, Holdings Channel reports. The fund owned 17,875 shares of the company’s stock after selling 961 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,058,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Services Advisory Inc grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.2% in the 3rd quarter. Financial Services Advisory Inc now owns 14,883 shares of the company’s stock worth $881,000 after acquiring an additional 170 shares during the last quarter. Kingswood Wealth Advisors LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.5% during the second quarter. Kingswood Wealth Advisors LLC now owns 5,573 shares of the company’s stock valued at $305,000 after buying an additional 186 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 0.3% during the second quarter. Arkadios Wealth Advisors now owns 71,312 shares of the company’s stock valued at $3,904,000 after buying an additional 228 shares in the last quarter. Old Port Advisors grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 3.9% during the second quarter. Old Port Advisors now owns 6,728 shares of the company’s stock valued at $368,000 after buying an additional 250 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock valued at $40,000 after buying an additional 260 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.9 %

Shares of RDVY stock opened at $61.90 on Friday. The stock’s fifty day simple moving average is $59.46 and its 200-day simple moving average is $57.00. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $46.60 and a 1-year high of $63.72. The company has a market capitalization of $12.76 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

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 paid a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a yield of 1.24%.

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.