Elevated Capital Advisors LLC Has $1.37 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Elevated Capital Advisors LLC trimmed its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 23,085 shares of the company’s stock after selling 211 shares during the period. Elevated Capital Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,367,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Mainsail Financial Group LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 22.8% during the 3rd quarter. Mainsail Financial Group LLC now owns 139,402 shares of the company’s stock worth $8,287,000 after acquiring an additional 25,869 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.8% in the 3rd quarter. Private Advisor Group LLC now owns 1,639,849 shares of the company’s stock valued at $97,095,000 after purchasing an additional 28,765 shares in the last quarter. ODonnell Financial Services LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 3rd quarter valued at $8,268,000. Hofer & Associates. Inc acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth $208,000. Finally, Foundations Investment Advisors LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 21.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 279,261 shares of the company’s stock worth $16,535,000 after buying an additional 49,950 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.3 %

Shares of NASDAQ RDVY opened at $59.71 on Wednesday. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.94. The stock has a 50-day moving average price of $58.30 and a two-hundred day moving average price of $56.23.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 annualized dividend and a yield of 1.28%. 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.