First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Shares Acquired by Lynch & Associates IN

Lynch & Associates IN lifted its holdings in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 15.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,879 shares of the company’s stock after purchasing an additional 1,305 shares during the quarter. Lynch & Associates IN’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $585,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Consolidated Portfolio Review Corp boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 7.9% in the second quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock worth $6,463,000 after acquiring an additional 8,618 shares in the last quarter. tru Independence LLC boosted its stake in First Trust NASDAQ Rising Dividend Achievers by 19.6% in the 1st quarter. tru Independence LLC now owns 130,761 shares of the company’s stock worth $7,345,000 after purchasing an additional 21,436 shares in the last quarter. Blair William & Co. IL grew its position in First Trust NASDAQ Rising Dividend Achievers by 9.3% during the 1st quarter. Blair William & Co. IL now owns 351,981 shares of the company’s stock worth $19,771,000 after purchasing an additional 30,086 shares during the last quarter. Williams Financial LLC acquired a new position in First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter valued at approximately $765,000. Finally, Atria Investments Inc raised its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 28.0% in the first quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock worth $5,485,000 after buying an additional 21,379 shares during the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 1.2 %

NASDAQ:RDVY opened at $59.92 on Wednesday. The firm has a fifty day simple moving average of $57.77 and a 200-day simple moving average of $56.06. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $43.30 and a 12 month high of $60.90. The company has a market capitalization of $12.26 billion, a P/E 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. Shareholders of record on Thursday, September 26th were paid a dividend of $0.1912 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a yield of 1.28%.

About First Trust NASDAQ Rising Dividend Achievers

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.