First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Purchased by L & S Advisors Inc

L & S Advisors Inc raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 1.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 19,350 shares of the company’s stock after buying an additional 197 shares during the period. L & S Advisors Inc’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,146,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. BNP Paribas Financial Markets boosted 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. Russell Investments Group Ltd. purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth $34,000. Kestra Advisory Services LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 17.4% in the 1st quarter. Kestra Advisory Services LLC now owns 2,542,131 shares of the company’s stock worth $142,792,000 after buying an additional 376,798 shares during the period. Mount Yale Investment Advisors LLC raised its position in shares of First Trust NASDAQ Rising Dividend Achievers by 62.9% in the 1st quarter. Mount Yale Investment Advisors LLC now owns 54,282 shares of the company’s stock worth $3,049,000 after buying an additional 20,968 shares during the period. Finally, Econ Financial Services Corp purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth $917,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.3 %

Shares of RDVY opened at $63.09 on Friday. The firm has a market capitalization of $13.01 billion, a P/E ratio of 10.08 and a beta of 1.15. The stock’s fifty day simple moving average is $59.92 and its 200 day simple moving average is $57.25. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $47.13 and a twelve month high of $63.72.

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 given a $0.1912 dividend. This represents a $0.76 annualized dividend and a dividend yield of 1.21%. The ex-dividend date 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.