First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The company traded as high as $59.62 and last traded at $59.59, with a volume of 58532 shares traded. The stock had previously closed at $58.78.
First Trust NASDAQ Rising Dividend Achievers Stock Up 1.2 %
The business's fifty day moving average is $57.27 and its 200 day moving average is $55.82. The firm has a market capitalization of $12.14 billion, a price-to-earnings 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. Investors of record on Thursday, September 26th were given a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Thursday, September 26th.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 3.7% in the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company's stock valued at $1,060,656,000 after purchasing an additional 687,098 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company's stock valued at $376,283,000 after purchasing an additional 1,084,117 shares in the last quarter. Commonwealth Equity Services LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 4.8% in the second quarter. Commonwealth Equity Services LLC now owns 4,634,769 shares of the company's stock valued at $253,754,000 after purchasing an additional 210,398 shares in the last quarter. Global Assets Advisory LLC grew its position in First Trust NASDAQ Rising Dividend Achievers by 5,315.6% in the first quarter. Global Assets Advisory LLC now owns 4,216,002 shares of the company's stock valued at $236,813,000 after purchasing an additional 4,138,153 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company's stock valued at $175,717,000 after purchasing an additional 159,003 shares in the last quarter.
About First Trust NASDAQ Rising Dividend Achievers
(
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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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