Benjamin Edwards Inc. Raises Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Benjamin Edwards Inc. increased its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5,198.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 336,786 shares of the company’s stock after purchasing an additional 330,430 shares during the period. Benjamin Edwards Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $19,947,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $29,000. Kings Path Partners LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $31,000. Russell Investments Group Ltd. purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth approximately $34,000. Rothschild Investment LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at approximately $34,000. Finally, Hazlett Burt & Watson Inc. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock valued at $40,000 after purchasing an additional 260 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.4 %

RDVY opened at $64.29 on Monday. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $47.80 and a twelve month high of $64.63. The firm has a market cap of $13.25 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company has a fifty day simple moving average of $60.77 and a 200 day simple moving average of $57.70.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

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