Cerity Partners LLC Sells 5,162 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Cerity Partners LLC decreased its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 27.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,415 shares of the company’s stock after selling 5,162 shares during the quarter. Cerity Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $794,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.9% in the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after purchasing an additional 953,708 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 18.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock valued at $376,283,000 after buying an additional 1,084,117 shares in the last quarter. International Assets Investment Management LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after purchasing an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 12.9% in the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after acquiring an additional 596,099 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock valued at $175,717,000 after buying an additional 159,003 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.5 %

RDVY stock opened at $63.07 on Friday. The stock has a market cap of $13.00 billion, a PE ratio of 10.08 and a beta of 1.15. The company has a 50-day moving average price of $61.15 and a 200 day moving average price of $57.89. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $48.28 and a 12 month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.1912 dividend. This represents a $0.76 annualized dividend and a yield of 1.21%. 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.