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

Fisher Asset Management LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 4,183 shares of the company’s stock, valued at approximately $248,000.

Several other hedge funds and other institutional investors have also bought and sold shares of RDVY. Headlands Technologies LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $29,000. Kings Path Partners LLC bought a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at $31,000. Russell Investments Group Ltd. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth $34,000. Rothschild Investment LLC bought a new position in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth $34,000. Finally, Hazlett Burt & Watson Inc. lifted its position in 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 Stock Up 0.4 %

Shares of RDVY opened at $64.29 on Monday. The business has a 50-day simple moving average of $60.77 and a two-hundred day simple moving average of $57.70. First Trust NASDAQ Rising Dividend Achievers has a 52 week low of $47.80 and a 52 week high of $64.63. The stock has a market cap of $13.25 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. Investors of record on Thursday, September 26th were issued a $0.1912 dividend. This represents a $0.76 annualized dividend and a yield of 1.19%. 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.