Prism Advisors Inc. Acquires 3,621 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Prism Advisors Inc. grew its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 15.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,920 shares of the company’s stock after purchasing an additional 3,621 shares during the period. Prism Advisors Inc.’s holdings in First Trust NASDAQ Rising Dividend Achievers were worth $1,594,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its holdings in shares of 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 valued at $28,000 after purchasing an additional 494 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $29,000. Kings Path Partners LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at about $31,000. Russell Investments Group Ltd. purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth about $34,000. Finally, Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the second quarter worth about $34,000.

First Trust NASDAQ Rising Dividend Achievers Stock Performance

NASDAQ RDVY opened at $59.92 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 52-week low of $43.30 and a 52-week high of $60.90. The company has a 50-day simple moving average of $57.77 and a 200 day simple moving average of $56.06. The company has a market capitalization of $12.26 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.1912 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis 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.