AQR Capital Management LLC Cuts Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

AQR Capital Management LLC lowered its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVYFree Report) by 18.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,273 shares of the company’s stock after selling 977 shares during the quarter. AQR Capital Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $234,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of RDVY. BNP Paribas Financial Markets lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after buying 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 worth approximately $29,000. Kings Path Partners LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at approximately $31,000. Russell Investments Group Ltd. bought a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter valued at $34,000. Finally, Rothschild Investment LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.5 %

Shares of NASDAQ RDVY opened at $60.79 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $60.90. The firm’s 50-day moving average price is $58.02 and its 200-day moving average price is $56.13. The stock has a market capitalization of $12.46 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a yield of 1.26%.

About First Trust NASDAQ Rising Dividend Achievers

(Free Report)

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

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