HighTower Advisors LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 47.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,267,282 shares of the company's stock after acquiring an additional 406,747 shares during the quarter. HighTower Advisors LLC owned 0.61% of First Trust NASDAQ Rising Dividend Achievers worth $75,007,000 at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $29,000. Kings Path Partners LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $31,000. Rothschild Investment LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $34,000. Hazlett Burt & Watson Inc. lifted its holdings 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 buying an additional 260 shares in the last quarter. Finally, Mather Group LLC. lifted its holdings in First Trust NASDAQ Rising Dividend Achievers by 208.8% during the 2nd quarter. Mather Group LLC. now owns 1,439 shares of the company's stock valued at $81,000 after buying an additional 973 shares in the last quarter.
First Trust NASDAQ Rising Dividend Achievers Stock Down 0.7 %
RDVY traded down $0.46 on Wednesday, reaching $63.37. 811,762 shares of the company traded hands, compared to its average volume of 718,451. First Trust NASDAQ Rising Dividend Achievers has a one year low of $48.28 and a one year high of $64.63. The firm has a fifty day simple moving average of $61.07 and a two-hundred day simple moving average of $57.86. The company has a market cap of $13.06 billion, a P/E ratio of 10.08 and a beta of 1.15.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date was Thursday, September 26th.
First Trust NASDAQ Rising Dividend Achievers Company Profile
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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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