Certified Advisory Corp Raises Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Certified Advisory Corp raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,253 shares of the company’s stock after acquiring an additional 1,017 shares during the quarter. Certified Advisory Corp’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $2,313,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. LPL Financial LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 3.7% during the 2nd quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock valued at $1,060,656,000 after purchasing an additional 687,098 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% during the second 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 during the last quarter. Commonwealth Equity Services LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 4.8% during the second quarter. Commonwealth Equity Services LLC now owns 4,634,769 shares of the company’s stock valued at $253,754,000 after buying an additional 210,398 shares during the last quarter. Global Assets Advisory LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,315.6% in the first quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company’s stock worth $236,813,000 after buying an additional 4,138,153 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock worth $175,717,000 after acquiring an additional 159,003 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY opened at $58.75 on Monday. The company has a market cap of $11.69 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $59.33. The firm’s fifty day moving average is $57.00 and its two-hundred day moving average is $55.55.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a $0.2616 dividend. The ex-dividend date was Thursday, June 27th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.78%.

First Trust NASDAQ Rising Dividend Achievers Company 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.