First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC increased its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 12.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,630 shares of the company’s stock after acquiring an additional 1,840 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $985,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake 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 valued at $28,000 after buying an additional 494 shares in the last quarter. Headlands Technologies LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $29,000. Kings Path Partners LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $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 acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at $34,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $59.70 on Wednesday. The stock’s fifty day moving average is $58.75 and its two-hundred day moving average is $56.61. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $45.15 and a 1-year high of $60.94. The stock has a market cap of $12.31 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date was Thursday, September 26th.

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.