Simplicity Wealth LLC Sells 6,297 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Simplicity Wealth LLC decreased its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 31.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,566 shares of the company’s stock after selling 6,297 shares during the period. Simplicity Wealth LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $803,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. LPL Financial LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% in the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after acquiring an additional 687,098 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after buying an additional 1,084,117 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% in the second quarter. Commonwealth Equity Services LLC now owns 4,634,769 shares of the company’s stock worth $253,754,000 after buying an additional 210,398 shares in the last quarter. Global Assets Advisory LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,315.6% in the first quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after buying an additional 4,138,153 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock worth $175,717,000 after buying an additional 159,003 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.5 %

NASDAQ:RDVY opened at $60.11 on Friday. The company has a market capitalization of $12.29 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 $43.30 and a 12 month high of $60.24. The business’s 50-day moving average is $57.52 and its 200 day moving average is $56.00.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.27%.

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.