Capital Square LLC Sells 970 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Capital Square LLC cut its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,319 shares of the company’s stock after selling 970 shares during the period. Capital Square LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $256,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of RDVY. BNP Paribas Financial Markets raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock valued at $28,000 after acquiring an additional 494 shares during the period. Headlands Technologies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $29,000. Kings Path Partners LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at approximately $31,000. Russell Investments Group Ltd. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter valued at about $34,000. Finally, Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock traded up $0.87 during midday trading on Monday, reaching $64.59. The company had a trading volume of 173,713 shares, compared to its average volume of 716,323. The firm’s fifty day simple moving average is $60.18 and its 200-day simple moving average is $57.39. The company has a market capitalization of $13.32 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $47.18 and a 12-month high of $64.59.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.1912 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.18%.

About First Trust NASDAQ Rising Dividend Achievers

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.