Avidian Wealth Enterprises LLC Has $345,000 Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Avidian Wealth Enterprises LLC lessened its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,819 shares of the company’s stock after selling 169 shares during the period. Avidian Wealth Enterprises LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $345,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of RDVY. 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 valued at $28,000 after purchasing an additional 494 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 14.1% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 218,413 shares of the company’s stock worth $12,268,000 after acquiring an additional 26,967 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at approximately $624,000. Concurrent Investment Advisors LLC increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 18.5% during the first quarter. Concurrent Investment Advisors LLC now owns 203,205 shares of the company’s stock valued at $11,414,000 after acquiring an additional 31,672 shares in the last quarter. Finally, Capital Square LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the first quarter worth approximately $297,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.0 %

Shares of RDVY opened at $62.73 on Friday. 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 moving average is $58.95 and its 200 day moving average is $56.70. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $45.15 and a 12-month high of $63.51.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.22%. The ex-dividend date 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.