MML Investors Services LLC decreased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 6.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 989,452 shares of the company's stock after selling 65,375 shares during the quarter. MML Investors Services LLC owned 0.48% of First Trust NASDAQ Rising Dividend Achievers worth $58,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $29,000. Kings Path Partners LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $31,000. Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at about $34,000. Hazlett Burt & Watson Inc. grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company's stock valued at $40,000 after buying an additional 260 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth about $48,000.
First Trust NASDAQ Rising Dividend Achievers Stock Down 0.3 %
Shares of NASDAQ RDVY traded down $0.18 during midday trading on Friday, reaching $62.89. The company had a trading volume of 496,521 shares, compared to its average volume of 717,726. The stock has a market cap of $12.96 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a one year low of $48.42 and a one year high of $64.63. The firm's fifty day moving average price is $61.23 and its 200-day moving average price is $57.98.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.22%.
First Trust NASDAQ Rising Dividend Achievers Profile
(
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.
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