Koshinski Asset Management Inc. raised its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 1.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 505,227 shares of the company's stock after purchasing an additional 8,515 shares during the period. First Trust NASDAQ Rising Dividend Achievers accounts for approximately 2.6% of Koshinski Asset Management Inc.'s investment portfolio, making the stock its 4th biggest position. Koshinski Asset Management Inc. owned approximately 0.25% of First Trust NASDAQ Rising Dividend Achievers worth $29,915,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of RDVY. BNP Paribas Financial Markets boosted its stake in 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 during the period. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $29,000. Kings Path Partners LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $31,000. Russell Investments Group Ltd. bought a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $34,000. Finally, Rothschild Investment LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $34,000.
First Trust NASDAQ Rising Dividend Achievers Trading Up 1.5 %
NASDAQ RDVY traded up $0.86 during 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 price of $57.52 and a 200 day moving average price of $56.00. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.24. The firm has a market capitalization of $12.30 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.
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 dividend of $0.1912 per share. 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
(
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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