First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by OneAscent Wealth Management LLC

OneAscent Wealth Management LLC lessened its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 17.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,568 shares of the company’s stock after selling 3,757 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 0.4% of OneAscent Wealth Management LLC’s portfolio, making the stock its 21st biggest holding. OneAscent Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $827,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of RDVY. Ameriprise Financial Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 1.3% during the 1st quarter. Ameriprise Financial Inc. now owns 3,710,455 shares of the company’s stock worth $166,462,000 after purchasing an additional 47,558 shares during the period. Advance Capital Management Inc. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.3% in the second quarter. Advance Capital Management Inc. now owns 3,364,056 shares of the company’s stock valued at $158,447,000 after buying an additional 8,565 shares in the last quarter. Royal Bank of Canada lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 36.3% during the 1st quarter. Royal Bank of Canada now owns 3,260,517 shares of the company’s stock valued at $159,766,000 after acquiring an additional 868,610 shares during the period. Raymond James & Associates boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 0.5% during the 1st quarter. Raymond James & Associates now owns 2,826,145 shares of the company’s stock worth $126,809,000 after acquiring an additional 15,209 shares in the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth approximately $71,020,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 1.0 %

NASDAQ RDVY traded down $0.50 during mid-day trading on Friday, hitting $47.41. The stock had a trading volume of 375,881 shares, compared to its average volume of 655,769. The company has a 50 day simple moving average of $48.19 and a 200 day simple moving average of $46.22. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 9.91 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $38.34 and a 52-week high of $49.68.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Wednesday, June 28th were paid a dividend of $0.3021 per share. This represents a $1.21 annualized dividend and a dividend yield of 2.55%. The ex-dividend date was Tuesday, June 27th. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.21.

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.