Assetmark Inc. Sells 50,785 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Assetmark Inc. decreased its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 91.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,767 shares of the company’s stock after selling 50,785 shares during the period. Assetmark Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $282,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during 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. Russell Investments Group Ltd. acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 1st quarter worth approximately $34,000. CreativeOne Wealth LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at approximately $2,341,000. Kestra Advisory Services LLC lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 17.4% in the first quarter. Kestra Advisory Services LLC now owns 2,542,131 shares of the company’s stock worth $142,792,000 after purchasing an additional 376,798 shares in the last quarter. Finally, Mount Yale Investment Advisors LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 62.9% during the first quarter. Mount Yale Investment Advisors LLC now owns 54,282 shares of the company’s stock worth $3,049,000 after purchasing an additional 20,968 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.9 %

First Trust NASDAQ Rising Dividend Achievers stock opened at $61.90 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $46.60 and a 1-year high of $63.72. The company has a fifty day simple moving average of $59.58 and a 200 day simple moving average of $57.05. The company has a market cap of $12.76 billion, a P/E 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. Stockholders of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, September 26th.

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.