Mercer Global Advisors Inc. ADV trimmed its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,645 shares of the company’s stock after selling 1,825 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $4,142,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the business. L & S Advisors Inc boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 8.2% during the 2nd quarter. L & S Advisors Inc now owns 19,153 shares of the company’s stock worth $1,049,000 after buying an additional 1,452 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.2% during the 2nd quarter. Axxcess Wealth Management LLC now owns 65,358 shares of the company’s stock worth $3,578,000 after buying an additional 2,036 shares during the last quarter. Perennial Investment Advisors LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 6.5% during the 2nd quarter. Perennial Investment Advisors LLC now owns 324,521 shares of the company’s stock worth $17,767,000 after buying an additional 19,794 shares during the last quarter. Pitti Group Wealth Management LLC lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.0% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 25,906 shares of the company’s stock valued at $1,339,000 after purchasing an additional 516 shares during the last quarter. Finally, Frisch Financial Group Inc. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at about $388,000.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
Shares of NASDAQ:RDVY opened at $58.75 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $59.33. The company has a market capitalization of $11.69 billion, a P/E ratio of 10.08 and a beta of 1.15. The company has a 50-day simple moving average of $57.00 and a 200 day simple moving average of $55.54.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
First Trust NASDAQ Rising Dividend Achievers 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.
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