PNC Financial Services Group Inc. lifted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 12.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,114,743 shares of the company's stock after purchasing an additional 120,800 shares during the period. PNC Financial Services Group Inc. owned about 0.54% of First Trust NASDAQ Rising Dividend Achievers worth $66,004,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in RDVY. BNP Paribas Financial Markets raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company's stock valued at $28,000 after purchasing an additional 494 shares in the last quarter. Headlands Technologies LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at $29,000. Kings Path Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $31,000. Russell Investments Group Ltd. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $34,000. Finally, Rothschild Investment LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth about $34,000.
First Trust NASDAQ Rising Dividend Achievers Stock Up 0.9 %
Shares of NASDAQ RDVY opened at $62.27 on Thursday. The stock's 50 day moving average price is $59.92 and its two-hundred day moving average price is $57.25. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $47.11 and a 52-week high of $63.72. The stock has a market capitalization of $12.84 billion, a P/E ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a yield of 1.23%. The ex-dividend date was Thursday, September 26th.
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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