First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 5,198.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 336,786 shares of the company’s stock after purchasing an additional 330,430 shares during the quarter. Benjamin Edwards Inc. owned approximately 0.16% of First Trust NASDAQ Rising Dividend Achievers worth $19,947,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock valued at $402,823,000 after buying an additional 6,687,924 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock valued at $376,283,000 after purchasing an additional 1,084,117 shares during the period. LPL Financial LLC increased its position in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the third quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after purchasing an additional 953,708 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in First Trust NASDAQ Rising Dividend Achievers by 12.9% during the third quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock worth $309,720,000 after purchasing an additional 596,099 shares during the period. Finally, Cetera Investment Advisers raised its stake in First Trust NASDAQ Rising Dividend Achievers by 10.3% during the second quarter. Cetera Investment Advisers now owns 2,496,225 shares of the company’s stock worth $136,668,000 after purchasing an additional 232,129 shares during the period.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.4 %

Shares of NASDAQ RDVY opened at $64.29 on Monday. The stock has a market capitalization of $13.25 billion, a PE ratio of 10.08 and a beta of 1.15. The firm has a fifty day moving average of $60.77 and a 200-day moving average of $57.70. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $47.80 and a 52-week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders 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 yield of 1.19%. The ex-dividend date was Thursday, September 26th.

First Trust NASDAQ Rising Dividend Achievers Company 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.