Mount Yale Investment Advisors LLC Has $3.38 Million Stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Mount Yale Investment Advisors LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,114 shares of the company’s stock after purchasing an additional 3,181 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $3,382,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. BNP Paribas Financial Markets raised its stake 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 valued at $28,000 after purchasing 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 valued at about $29,000. Kings Path Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $31,000. Russell Investments Group Ltd. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $34,000. Finally, Rothschild Investment LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at about $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.3 %

Shares of RDVY stock opened at $59.49 on Friday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.94. The company has a market capitalization of $12.22 billion, a P/E ratio of 10.08 and a beta of 1.15. The stock has a 50 day moving average of $58.43 and a two-hundred day moving average of $56.28.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given 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 1.29%.

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.