Blair William & Co. IL Has $19.29 Million Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Blair William & Co. IL lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 352,350 shares of the company’s stock after acquiring an additional 369 shares during the period. Blair William & Co. IL owned approximately 0.18% of First Trust NASDAQ Rising Dividend Achievers worth $19,291,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. LPL Financial LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% in the 2nd quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock valued at $1,060,656,000 after acquiring an additional 687,098 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 18.7% during the 2nd 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 during the period. Commonwealth Equity Services LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.8% during the 2nd 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 during the period. Global Assets Advisory LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% during the 1st 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 during the period. Finally, Envestnet Asset Management Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 5.2% during the 2nd 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 during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of RDVY stock opened at $58.01 on Thursday. The company has a market capitalization of $11.54 billion, a P/E ratio of 10.08 and a beta of 1.15. The company’s 50 day moving average price is $56.88 and its two-hundred day moving average price is $55.46. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $43.30 and a 52 week high of $59.07.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a dividend of $0.2616 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.05 annualized dividend and a yield of 1.80%.

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.