Flow Traders U.S. LLC Takes Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Flow Traders U.S. LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 47,514 shares of the company's stock, valued at approximately $2,813,000.

Other large investors have also modified their holdings of the company. Consolidated Portfolio Review Corp raised its holdings in 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 acquiring an additional 8,618 shares in the last quarter. Williams Financial LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $765,000. Raymond James & Associates raised its stake in shares of 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 last quarter. Spectrum Wealth Advisory Group LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 3rd quarter worth $12,392,000. Finally, CWM LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 13.9% in the 2nd quarter. CWM LLC now owns 437,626 shares of the company's stock valued at $23,960,000 after purchasing an additional 53,575 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY stock traded up $0.23 during trading on Friday, hitting $64.29. The stock had a trading volume of 245,714 shares, compared to its average volume of 717,216. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $47.80 and a 1-year high of $64.63. The stock has a market cap of $13.25 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company's 50 day moving average price is $60.77 and its two-hundred day moving average price is $57.70.

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 given a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.19%.

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.