Citigroup Inc. boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 300,031 shares of the company's stock after buying an additional 20,531 shares during the quarter. Citigroup Inc. owned approximately 0.15% of First Trust NASDAQ Rising Dividend Achievers worth $17,765,000 as of its most recent SEC filing.
A number of other institutional investors have also recently made changes to their positions in the stock. Headlands Technologies LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $29,000. Kings Path Partners LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $31,000. Russell Investments Group Ltd. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter worth approximately $34,000. Rothschild Investment LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $34,000. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company's stock valued at $40,000 after acquiring an additional 260 shares during the period.
First Trust NASDAQ Rising Dividend Achievers Stock Down 0.1 %
NASDAQ:RDVY traded down $0.06 during trading hours on Thursday, reaching $64.06. The company had a trading volume of 607,608 shares, compared to its average volume of 719,267. The business's 50-day simple moving average is $60.65 and its two-hundred day simple moving average is $57.61. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $47.18 and a twelve month high of $64.63. The firm has a market cap of $13.21 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Thursday, September 26th.
About First Trust NASDAQ Rising Dividend Achievers
(
Free Report)
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.
Read More
Before you consider First Trust NASDAQ Rising Dividend Achievers, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust NASDAQ Rising Dividend Achievers wasn't on the list.
While First Trust NASDAQ Rising Dividend Achievers currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
