Moloney Securities Asset Management LLC Grows Stock Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Moloney Securities Asset Management LLC boosted its stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 12.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,630 shares of the company’s stock after buying an additional 1,840 shares during the period. Moloney Securities Asset Management LLC’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $985,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets increased its stake in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in 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 period. Headlands Technologies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $29,000. Kings Path Partners LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $31,000. Russell Investments Group Ltd. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the first quarter worth $34,000. Finally, Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the second quarter worth $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Up 1.1 %

RDVY stock opened at $59.70 on Wednesday. The business’s fifty day simple moving average is $58.75 and its two-hundred day simple moving average is $56.61. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $45.15 and a twelve month high of $60.94. The firm has a market cap of $12.31 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 declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.1912 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date 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.