Gentry Private Wealth LLC Invests $210,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Gentry Private Wealth LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,546 shares of the company’s stock, valued at approximately $210,000.

Other large investors also recently modified their holdings of the company. BNP Paribas Financial Markets grew its holdings 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 worth $28,000 after purchasing an additional 494 shares in the last quarter. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $29,000. Kings Path Partners LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $31,000. Russell Investments Group Ltd. acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter worth $34,000. Finally, Rothschild Investment LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

RDVY opened at $63.72 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $47.18 and a 52-week high of $63.78. The firm has a market cap of $13.14 billion, a P/E ratio of 10.08 and a beta of 1.15. The business’s fifty day moving average is $60.18 and its 200-day moving average is $57.37.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1912 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 1.20%.

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.