47,514 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, Holdings Channel reports. The firm bought 47,514 shares of the company’s stock, valued at approximately $2,813,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Headlands Technologies LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $29,000. Kings Path Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $31,000. Russell Investments Group Ltd. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter valued at about $34,000. Rothschild Investment LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth approximately $34,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of 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 worth $40,000 after buying an additional 260 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.4 %

Shares of RDVY stock opened at $64.29 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $47.80 and a 12 month high of $64.63. The stock has a market cap of $13.25 billion, a P/E ratio of 10.08 and a beta of 1.15. The company has a 50 day simple moving average of $60.77 and a two-hundred day simple moving average of $57.69.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 1.19%.

About First Trust NASDAQ Rising Dividend Achievers

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.