Stonebridge Financial Planning Group LLC Acquires 701 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Stonebridge Financial Planning Group LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 4.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,336 shares of the company’s stock after acquiring an additional 701 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,086,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after buying an additional 494 shares during the period. Headlands Technologies LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $29,000. Kings Path Partners LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 2nd 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 1st quarter valued at $34,000. Finally, Rothschild Investment LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at about $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.4 %

Shares of NASDAQ RDVY traded up $0.26 during midday trading on Wednesday, reaching $61.98. 44,391 shares of the stock were exchanged, compared to its average volume of 716,245. The firm has a 50-day simple moving average of $59.80 and a two-hundred day simple moving average of $57.22. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $47.11 and a twelve month high of $63.72. The firm has a market cap of $12.78 billion, a price-to-earnings 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 paid a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.23%. The ex-dividend date of this dividend 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.