Benjamin Edwards Inc. boosted its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 5,198.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 336,786 shares of the company's stock after acquiring an additional 330,430 shares during the quarter. Benjamin Edwards Inc. owned about 0.16% of First Trust NASDAQ Rising Dividend Achievers worth $19,947,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of RDVY. Headlands Technologies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at $29,000. Kings Path Partners LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at about $31,000. Russell Investments Group Ltd. acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the first quarter worth about $34,000. Rothschild Investment LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth about $34,000. Finally, Hazlett Burt & Watson Inc. grew its stake in 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 purchasing an additional 260 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Trading Down 0.2 %
RDVY stock traded down $0.16 during midday trading on Monday, hitting $64.13. 745,552 shares of the company's stock were exchanged, compared to its average volume of 717,339. The firm has a 50 day moving average price of $60.77 and a 200-day moving average price of $57.70. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $48.28 and a 12-month high of $64.63. The stock has a market capitalization of $13.22 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.19%.
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.
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