Fisher Asset Management LLC Buys New Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Fisher Asset Management LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 4,183 shares of the company’s stock, valued at approximately $248,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Headlands Technologies LLC bought 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 First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $31,000. Russell Investments Group Ltd. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth $34,000. Rothschild Investment LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $34,000. Finally, Hazlett Burt & Watson Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 54.2% during the second quarter. Hazlett Burt & Watson Inc. now owns 740 shares of the company’s stock valued at $40,000 after purchasing an additional 260 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.4 %

NASDAQ:RDVY opened at $64.29 on Monday. The business’s 50-day moving average is $60.77 and its 200 day moving average is $57.70. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $47.80 and a 12 month high of $64.63. The company has a market capitalization of $13.25 billion, a P/E 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. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.19%.

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.