Strategy Asset Managers LLC Purchases 1,196 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Strategy Asset Managers LLC increased its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 22.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,429 shares of the company’s stock after acquiring an additional 1,196 shares during the quarter. Strategy Asset Managers LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $381,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its holdings in 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 acquiring an additional 494 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter worth $29,000. Kings Path Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $31,000. Russell Investments Group Ltd. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at $34,000. Finally, Rothschild Investment LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.9 %

NASDAQ RDVY opened at $62.27 on Thursday. The firm has a market capitalization of $12.84 billion, a PE ratio of 10.08 and a beta of 1.15. The business’s 50-day moving average price is $59.80 and its two-hundred day moving average price is $57.22. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $47.11 and a 12 month high of $63.72.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 annualized dividend and a yield of 1.23%. The ex-dividend date was Thursday, September 26th.

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.