Centaurus Financial Inc. Cuts Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Centaurus Financial Inc. lessened its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,151 shares of the company’s stock after selling 1,403 shares during the quarter. Centaurus Financial Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $364,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Headlands Technologies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth approximately $29,000. Kings Path Partners LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $31,000. Russell Investments Group Ltd. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the first quarter worth $34,000. Rothschild Investment LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $34,000. Finally, Hazlett Burt & Watson Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 54.2% in 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 Stock Performance

NASDAQ:RDVY opened at $64.12 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $47.18 and a 1 year high of $64.63. The stock has a market cap of $13.22 billion, a P/E ratio of 10.08 and a beta of 1.15. The stock has a 50-day simple moving average of $60.44 and a 200-day simple moving average of $57.52.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.19%. 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.