Trueblood Wealth Management LLC Purchases 1,869 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Trueblood Wealth Management LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 31.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,719 shares of the company’s stock after buying an additional 1,869 shares during the period. Trueblood Wealth Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $423,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets boosted its position in 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 purchasing an additional 494 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $29,000. Kings Path Partners LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at about $31,000. Russell Investments Group Ltd. purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at about $34,000. Finally, Rothschild Investment LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.0 %

Shares of NASDAQ:RDVY opened at $56.16 on Thursday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $43.30 and a twelve month high of $59.07. The firm has a market capitalization of $11.18 billion, a PE ratio of 10.08 and a beta of 1.15. The company has a 50-day moving average price of $56.61 and a two-hundred day moving average price of $55.30.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a $0.2616 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.86%.

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.