ORG Partners LLC Raises Stock Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

ORG Partners LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 18,589.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 56,254 shares of the company’s stock after purchasing an additional 55,953 shares during the period. ORG Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,331,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets increased its stake 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 worth $28,000 after buying an additional 494 shares during the period. Headlands Technologies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $29,000. Kings Path Partners LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $31,000. Russell Investments Group Ltd. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the first quarter worth $34,000. Finally, Rothschild Investment LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

Shares of NASDAQ RDVY traded up $0.30 during mid-day trading on Monday, hitting $60.41. The stock had a trading volume of 210,354 shares, compared to its average volume of 722,603. The business has a 50 day moving average price of $57.52 and a two-hundred day moving average price of $56.00. The firm has a market cap of $12.36 billion, a P/E ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $60.41.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders 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 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.