First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by Prospera Financial Services Inc

Prospera Financial Services Inc raised its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 890,380 shares of the company’s stock after acquiring an additional 26,384 shares during the period. First Trust NASDAQ Rising Dividend Achievers makes up 1.3% of Prospera Financial Services Inc’s investment portfolio, making the stock its 7th largest holding. Prospera Financial Services Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $52,736,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in RDVY. BNP Paribas Financial Markets raised its holdings in 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 in the last quarter. Headlands Technologies LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth approximately $29,000. Kings Path Partners LLC acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at approximately $31,000. Russell Investments Group Ltd. purchased a new stake 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 position in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ:RDVY opened at $62.03 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1 year low of $47.11 and a 1 year high of $63.72. The stock has a fifty day moving average price of $59.58 and a two-hundred day moving average price of $57.11. The stock has a market capitalization of $12.79 billion, a price-to-earnings ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.23%.

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.