Chris Bulman Inc purchased a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,478 shares of the company's stock, valued at approximately $798,000.
A number of other hedge funds have also made changes to their positions in RDVY. BNP Paribas Financial Markets increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company's stock valued at $28,000 after buying an additional 494 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at $29,000. Kings Path Partners LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at $31,000. Russell Investments Group Ltd. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the first quarter valued at $34,000. Finally, Rothschild Investment LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at $34,000.
First Trust NASDAQ Rising Dividend Achievers Price Performance
NASDAQ:RDVY traded down $0.40 during mid-day trading on Wednesday, reaching $59.31. The company's stock had a trading volume of 722,903 shares, compared to its average volume of 720,625. The company's fifty day simple moving average is $58.30 and its two-hundred day simple moving average is $56.23. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $43.30 and a twelve month high of $60.94. The stock has a market cap of $12.16 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 declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend was Thursday, September 26th.
First Trust NASDAQ Rising Dividend Achievers 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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