Ignite Planners LLC Sells 6,395 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Ignite Planners LLC decreased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 13.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,200 shares of the company’s stock after selling 6,395 shares during the quarter. First Trust NASDAQ Rising Dividend Achievers makes up 0.7% of Ignite Planners LLC’s portfolio, making the stock its 27th largest position. Ignite Planners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in RDVY. WealthShield Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the first quarter valued at approximately $48,000. Householder Group Estate & Retirement Specialist LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 1st quarter valued at $52,000. Fifth Third Bancorp lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 738.4% in the 1st quarter. Fifth Third Bancorp now owns 1,266 shares of the company’s stock worth $57,000 after buying an additional 1,115 shares during the period. Godsey & Gibb Inc. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter worth $62,000. Finally, Signaturefd LLC increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 57.8% during the first quarter. Signaturefd LLC now owns 2,615 shares of the company’s stock valued at $117,000 after buying an additional 958 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.1 %

NASDAQ:RDVY traded up $0.03 during mid-day trading on Monday, reaching $47.44. The company’s stock had a trading volume of 153,810 shares, compared to its average volume of 652,898. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $38.34 and a 1 year high of $49.68. The stock has a fifty day moving average of $48.19 and a 200-day moving average of $46.23. The firm has a market capitalization of $8.09 billion, a PE ratio of 9.91 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, June 27th. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.21. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.55%.

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.