Belpointe Asset Management LLC lifted its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY – Free Report) by 18.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,657 shares of the company’s stock after purchasing an additional 2,267 shares during the quarter. Belpointe Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $802,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets increased its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in 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 in the last quarter. Kings Path Partners LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at approximately $31,000. Russell Investments Group Ltd. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at approximately $34,000. Rothschild Investment LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $34,000. Finally, Fifth Third Bancorp purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 1st quarter valued at approximately $79,000.
First Trust NASDAQ Rising Dividend Achievers Stock Performance
First Trust NASDAQ Rising Dividend Achievers stock opened at $56.74 on Friday. The stock has a market capitalization of $11.29 billion, a P/E ratio of 10.08 and a beta of 1.15. The company’s fifty day moving average price is $56.49 and its 200 day moving average price is $55.16. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $59.07.
First Trust NASDAQ Rising Dividend Achievers Cuts Dividend
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.
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