Avidian Wealth Enterprises LLC Sells 17,088 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Avidian Wealth Enterprises LLC lessened its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 13.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 106,751 shares of the company’s stock after selling 17,088 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $8,357,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. RVW Wealth LLC grew its position in First Trust Rising Dividend Achievers ETF by 1.6% in the 3rd quarter. RVW Wealth LLC now owns 596,440 shares of the company’s stock valued at $46,695,000 after buying an additional 9,534 shares in the last quarter. Serenity Investment Advisors lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 34.1% in the 2nd quarter. Serenity Investment Advisors now owns 28,004 shares of the company’s stock worth $2,282,000 after acquiring an additional 7,116 shares during the period. Crumly & Associates Inc. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.3% in the third quarter. Crumly & Associates Inc. now owns 346,312 shares of the company’s stock valued at $27,113,000 after acquiring an additional 23,535 shares in the last quarter. Natixis Advisors LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 157.8% in the fourth quarter. Natixis Advisors LLC now owns 38,501 shares of the company’s stock valued at $2,675,000 after acquiring an additional 23,564 shares in the last quarter. Finally, Certified Advisory Corp increased its stake in shares of First Trust Rising Dividend Achievers ETF by 10.9% during the first quarter. Certified Advisory Corp now owns 111,055 shares of the company’s stock valued at $7,583,000 after acquiring an additional 10,873 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 0.2%

RDVY traded up $0.18 during trading on Thursday, reaching $79.05. The stock had a trading volume of 633,800 shares, compared to its average volume of 1,285,383. First Trust Rising Dividend Achievers ETF has a 1-year low of $64.97 and a 1-year high of $84.02. The firm has a market capitalization of $25.16 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The stock has a 50 day moving average of $81.12 and a two-hundred day moving average of $77.61.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a $0.1521 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

First Trust Rising Dividend Achievers ETF 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.