First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) is tru Independence LLC’s 9th Largest Position

tru Independence LLC raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 19.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 130,761 shares of the company’s stock after buying an additional 21,436 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises about 2.2% of tru Independence LLC’s portfolio, making the stock its 9th largest holding. tru Independence LLC owned approximately 0.07% of First Trust NASDAQ Rising Dividend Achievers worth $7,345,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Harbour Investments Inc. boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 11.1% in the 4th quarter. Harbour Investments Inc. now owns 524,830 shares of the company’s stock worth $27,118,000 after buying an additional 52,344 shares during the last quarter. US Bancorp DE boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 107.5% in the 4th quarter. US Bancorp DE now owns 305,539 shares of the company’s stock worth $15,790,000 after buying an additional 158,285 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $4,151,000. Beaumont Financial Advisors LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter worth about $2,546,000. Finally, Perigon Wealth Management LLC boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 365.8% in the 4th quarter. Perigon Wealth Management LLC now owns 60,833 shares of the company’s stock worth $3,143,000 after buying an additional 47,774 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Up 0.1 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock traded up $0.05 on Tuesday, hitting $54.68. 284,652 shares of the company were exchanged, compared to its average volume of 736,096. The stock has a market capitalization of $10.35 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15. The company has a 50-day moving average price of $54.75 and a 200 day moving average price of $53.43. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $43.30 and a 1-year high of $56.28.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.2616 per share. This represents a $1.05 annualized dividend and a dividend yield of 1.91%. The ex-dividend date was Thursday, June 27th.

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.