Sigma Planning Corp Sells 6,230 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Sigma Planning Corp cut its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 252,822 shares of the company’s stock after selling 6,230 shares during the period. Sigma Planning Corp’s holdings in First Trust Rising Dividend Achievers ETF were worth $20,494,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of RDVY. Huntington National Bank grew its position in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% during the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after buying an additional 370 shares during the period. Bessemer Group Inc. acquired a new position in First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $29,000. Anchor Investment Management LLC bought a new position in First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $34,000. Lloyd Advisory Services LLC. acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth $36,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth $37,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $82.06 on Monday. The firm has a fifty day moving average of $81.15 and a two-hundred day moving average of $75.87. The stock has a market capitalization of $25.17 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 52 week low of $64.75 and a 52 week high of $84.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.1474 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.7%.

First Trust Rising Dividend Achievers ETF 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.