First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC decreased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 66.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,000 shares of the company’s stock after selling 26,200 shares during the quarter. Renaissance Technologies LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $712,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in RDVY. BNP Paribas Financial Markets lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares in the last quarter. Headlands Technologies LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $29,000. Kings Path Partners LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $31,000. Russell Investments Group Ltd. purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth approximately $34,000. Finally, Rothschild Investment LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.2 %

RDVY opened at $58.92 on Wednesday. The firm’s 50 day moving average is $57.35 and its 200-day moving average is $55.91. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $59.62. The firm has a market capitalization of $12.04 billion, a P/E ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a yield of 1.30%. The ex-dividend date was Thursday, September 26th.

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.