Private Trust Co. NA Buys 1,352 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Private Trust Co. NA grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,883 shares of the company’s stock after buying an additional 1,352 shares during the period. Private Trust Co. NA’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,236,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. LPL Financial LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 4.9% during the 3rd quarter. LPL Financial LLC now owns 20,326,430 shares of the company’s stock worth $1,203,528,000 after acquiring an additional 953,708 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 18.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 6,872,756 shares of the company’s stock worth $376,283,000 after purchasing an additional 1,084,117 shares during the period. International Assets Investment Management LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% during the third quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after purchasing an additional 6,687,924 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 5,230,868 shares of the company’s stock valued at $309,720,000 after buying an additional 596,099 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of First Trust NASDAQ Rising Dividend Achievers by 5.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,209,445 shares of the company’s stock valued at $175,717,000 after buying an additional 159,003 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.0 %

RDVY stock opened at $64.37 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $47.18 and a 1-year high of $64.63. The firm has a market cap of $13.27 billion, a PE ratio of 10.08 and a beta of 1.15. The business’s 50-day moving average price is $60.32 and its two-hundred day moving average price is $57.46.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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 1.19%. 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.