First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Bought by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC grew its stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 9.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 92,077 shares of the company’s stock after buying an additional 7,572 shares during the period. Daymark Wealth Partners LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $5,452,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of RDVY. BNP Paribas Financial Markets grew its holdings 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 purchasing an additional 494 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at about $29,000. Kings Path Partners LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $31,000. Russell Investments Group Ltd. acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth approximately $34,000. Finally, Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at approximately $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.7 %

NASDAQ:RDVY traded up $0.40 during trading hours on Wednesday, reaching $59.32. 121,369 shares of the company’s stock were exchanged, compared to its average volume of 724,343. The firm has a market capitalization of $12.13 billion, a price-to-earnings 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 $59.62. The company has a 50-day moving average of $57.35 and a 200 day moving average of $55.91.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.1912 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.29%. 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.