First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,200 shares of the company’s stock after selling 1,000 shares during the period. Renaissance Technologies LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Bank of Montreal Can raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 1.0% during the 4th quarter. Bank of Montreal Can now owns 21,053 shares of the company’s stock worth $1,245,000 after acquiring an additional 200 shares during the period. Titleist Asset Management LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 0.8% during the fourth quarter. Titleist Asset Management LLC now owns 67,077 shares of the company’s stock worth $3,967,000 after purchasing an additional 517 shares during the last quarter. Russell Investments Group Ltd. raised its stake in First Trust NASDAQ Rising Dividend Achievers by 36.8% during the fourth quarter. Russell Investments Group Ltd. now owns 3,799 shares of the company’s stock worth $225,000 after purchasing an additional 1,021 shares during the period. Perennial Investment Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 0.4% in the 4th quarter. Perennial Investment Advisors LLC now owns 349,621 shares of the company’s stock valued at $20,677,000 after purchasing an additional 1,525 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 9,008,501 shares of the company’s stock valued at $532,763,000 after buying an additional 327,729 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.2 %

Shares of RDVY opened at $57.14 on Friday. The company’s 50-day moving average price is $57.34 and its 200 day moving average price is $60.07. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $50.27 and a 12-month high of $64.63. The firm has a market cap of $13.29 billion, a P/E ratio of 13.97 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.2544 dividend. This represents a $1.02 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust NASDAQ Rising Dividend Achievers’s previous quarterly dividend of $0.19.

First Trust NASDAQ Rising Dividend Achievers Profile

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.