Christopher J. Hasenberg Inc Makes New Investment in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Christopher J. Hasenberg Inc acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 135,142 shares of the company's stock, valued at approximately $7,963,000. First Trust NASDAQ Rising Dividend Achievers accounts for about 3.3% of Christopher J. Hasenberg Inc's investment portfolio, making the stock its 10th biggest holding. Christopher J. Hasenberg Inc owned approximately 0.07% of First Trust NASDAQ Rising Dividend Achievers at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Private Advisory Group LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 317.0% during the 3rd quarter. Private Advisory Group LLC now owns 92,501 shares of the company's stock worth $5,477,000 after acquiring an additional 70,321 shares during the period. Pinnacle Bancorp Inc. boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 34.8% during the third quarter. Pinnacle Bancorp Inc. now owns 2,191 shares of the company's stock valued at $130,000 after purchasing an additional 566 shares in the last quarter. CWM LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers by 9.8% in the third quarter. CWM LLC now owns 480,651 shares of the company's stock worth $28,459,000 after purchasing an additional 43,025 shares during the period. Daymark Wealth Partners LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 9.0% in the third quarter. Daymark Wealth Partners LLC now owns 92,077 shares of the company's stock worth $5,452,000 after purchasing an additional 7,572 shares in the last quarter. Finally, Howard Financial Services LTD. lifted its position in First Trust NASDAQ Rising Dividend Achievers by 4.8% during the third quarter. Howard Financial Services LTD. now owns 201,210 shares of the company's stock valued at $11,914,000 after buying an additional 9,259 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.5 %

Shares of NASDAQ:RDVY traded up $0.86 during midday trading on Friday, reaching $60.11. The company's stock had a trading volume of 617,964 shares, compared to its average volume of 725,313. The firm has a 50 day moving average of $57.42 and a 200-day moving average of $55.96. The firm has a market capitalization of $12.29 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $60.24.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend was Thursday, September 26th.

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.