Advisory Services Network LLC Sells 2,967 Shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Advisory Services Network LLC decreased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYGet Rating) by 6.3% during the 1st quarter, HoldingsChannel reports. The fund owned 43,894 shares of the company’s stock after selling 2,967 shares during the period. Advisory Services Network LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,151,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. National Bank of Canada FI boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 35.0% in the 1st quarter. National Bank of Canada FI now owns 1,158 shares of the company’s stock valued at $60,000 after purchasing an additional 300 shares in the last quarter. Park Avenue Securities LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.6% in the first quarter. Park Avenue Securities LLC now owns 12,889 shares of the company’s stock valued at $632,000 after buying an additional 332 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.1% in the first quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,044 shares of the company’s stock valued at $877,000 after buying an additional 394 shares during the last quarter. CENTRAL TRUST Co raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 21.3% in the first quarter. CENTRAL TRUST Co now owns 2,423 shares of the company’s stock valued at $119,000 after buying an additional 425 shares during the last quarter. Finally, Flynn Zito Capital Management LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 11.3% in the first quarter. Flynn Zito Capital Management LLC now owns 4,418 shares of the company’s stock valued at $216,000 after buying an additional 447 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 0.7 %

First Trust Rising Dividend Achievers ETF stock opened at $42.31 on Friday. The stock has a 50-day simple moving average of $43.69 and a 200 day simple moving average of $45.12. First Trust Rising Dividend Achievers ETF has a 12-month low of $39.87 and a 12-month high of $53.21.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Monday, June 27th were issued a dividend of $0.222 per share. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. This represents a $0.89 annualized dividend and a yield of 2.10%. The ex-dividend date was Friday, June 24th.

See Also

Want to see what other hedge funds are holding RDVY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVYGet Rating).

Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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