Walkner Condon Financial Advisors LLC Has $3.12 Million Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Walkner Condon Financial Advisors LLC reduced its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 49.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 52,638 shares of the company’s stock after selling 51,223 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,117,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. BNP Paribas Financial Markets raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after acquiring 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 about $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 about $31,000. Russell Investments Group Ltd. bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter valued at approximately $34,000. Finally, Rothschild Investment LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth approximately $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 6.2 %

NASDAQ RDVY opened at $63.38 on Thursday. The stock has a market capitalization of $13.07 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 $45.15 and a 12-month high of $63.51. The company has a 50 day moving average price of $58.86 and a two-hundred day moving average price of $56.66.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm 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 dividend yield of 1.21%. 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.