Venturi Wealth Management LLC Buys Shares of 1,767 First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Venturi Wealth Management LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,767 shares of the company’s stock, valued at approximately $105,000.

A number of other large investors also recently bought and sold shares of the stock. Consolidated Portfolio Review Corp grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 7.9% in the second quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock valued at $6,463,000 after buying an additional 8,618 shares in the last quarter. Williams Financial LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $765,000. Atria Investments Inc grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 28.0% in the first quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock valued at $5,485,000 after purchasing an additional 21,379 shares in the last quarter. Raymond James & Associates increased its stake in First Trust NASDAQ Rising Dividend Achievers by 2.3% during the 2nd quarter. Raymond James & Associates now owns 2,818,055 shares of the company’s stock worth $154,289,000 after buying an additional 64,200 shares during the period. Finally, CWM LLC lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 13.9% during the 2nd quarter. CWM LLC now owns 437,626 shares of the company’s stock worth $23,960,000 after buying an additional 53,575 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ RDVY opened at $62.48 on Friday. The stock’s 50-day moving average is $59.35 and its two-hundred day moving average is $56.96. The company has a market cap of $12.88 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $46.60 and a 1-year high of $63.72.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Thursday, September 26th.

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.