Cetera Investment Advisers Has $136.67 Million Holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Cetera Investment Advisers boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 10.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,496,225 shares of the company’s stock after buying an additional 232,129 shares during the quarter. Cetera Investment Advisers owned about 1.25% of First Trust NASDAQ Rising Dividend Achievers worth $136,668,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after acquiring an additional 494 shares in the last quarter. Headlands Technologies LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth approximately $29,000. Kings Path Partners LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $31,000. Russell Investments Group Ltd. bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the first quarter valued at approximately $34,000. Finally, Rothschild Investment LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 0.4 %

NASDAQ:RDVY opened at $59.21 on Tuesday. The firm has a market capitalization of $11.78 billion, a PE ratio of 10.08 and a beta of 1.15. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $43.30 and a 1 year high of $59.38. The firm’s fifty day simple moving average is $57.13 and its 200 day simple moving average is $55.71.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.1912 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, September 26th.

First Trust NASDAQ Rising Dividend Achievers 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.