First Trust Rising Dividend Achievers ETF $RDVY Stock Sold by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 43.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,238 shares of the company’s stock after selling 56,589 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,656,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Kings Path Partners LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth about $27,000. Bessemer Group Inc. purchased a new position in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $29,000. Anchor Investment Management LLC purchased a new position in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $34,000. Rosenberg Matthew Hamilton acquired a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at approximately $43,000. Finally, Thompson Investment Management Inc. acquired a new position in First Trust Rising Dividend Achievers ETF in the 2nd quarter valued at approximately $56,000.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $79.17 on Monday. The stock has a market cap of $25.41 billion, a P/E ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 12 month low of $64.99 and a 12 month high of $84.02. The company’s fifty day simple moving average is $80.00 and its 200-day simple moving average is $76.40.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.