4,459 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Acquired by Covenant Asset Management LLC

Covenant Asset Management LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,459 shares of the company’s stock, valued at approximately $264,000.

Several other large investors have also added to or reduced their stakes in RDVY. BNP Paribas Financial Markets lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the 1st 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 purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $29,000. Kings Path Partners LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth about $31,000. Russell Investments Group Ltd. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the first quarter worth about $34,000. Finally, Rothschild Investment LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at approximately $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.3 %

NASDAQ RDVY opened at $63.09 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $47.13 and a 12 month high of $63.72. The stock has a market cap of $13.01 billion, a PE ratio of 10.08 and a beta of 1.15. The stock’s 50 day moving average is $60.05 and its 200 day moving average is $57.29.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust NASDAQ Rising Dividend Achievers Company 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.