SMART Wealth LLC increased its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) by 21.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,355 shares of the company's stock after purchasing an additional 16,777 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up approximately 2.2% of SMART Wealth LLC's portfolio, making the stock its 12th largest position. SMART Wealth LLC's holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,646,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $29,000. Kings Path Partners LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $31,000. Rothschild Investment LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $34,000. Hazlett Burt & Watson Inc. increased its holdings in First Trust NASDAQ Rising Dividend Achievers by 54.2% in the second 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, Strategic Financial Concepts LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at approximately $48,000.
First Trust NASDAQ Rising Dividend Achievers Trading Down 0.2 %
Shares of NASDAQ:RDVY traded down $0.15 during trading on Monday, hitting $61.28. 1,151,358 shares of the stock were exchanged, compared to its average volume of 718,957. The company has a market cap of $12.63 billion, a PE ratio of 10.08 and a beta of 1.15. The company has a fifty day moving average price of $61.54 and a two-hundred day moving average price of $58.24. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $49.60 and a 12-month high of $64.63.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.2956 per share. The ex-dividend date is Friday, December 13th.
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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