Chris Bulman Inc Acquires Shares of 13,478 First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Chris Bulman Inc acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,478 shares of the company’s stock, valued at approximately $798,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDVY. Cetera Investment Advisers raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 178.5% during the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock worth $127,174,000 after purchasing an additional 1,451,045 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 18.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after purchasing an additional 1,084,117 shares during the last quarter. LPL Financial LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after purchasing an additional 687,098 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of 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 last quarter. Finally, Cetera Advisors LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 111.8% during the first quarter. Cetera Advisors LLC now owns 910,777 shares of the company’s stock worth $51,158,000 after purchasing an additional 480,766 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

First Trust NASDAQ Rising Dividend Achievers stock opened at $59.71 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.94. The business has a 50 day simple moving average of $58.30 and a 200-day simple moving average of $56.23. The stock has a market capitalization of $12.24 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date was Thursday, September 26th.

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.