Darwin Wealth Management LLC Makes New Investment in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Darwin Wealth Management LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 25,555 shares of the company’s stock, valued at approximately $1,513,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Consolidated Portfolio Review Corp boosted its holdings in First Trust NASDAQ Rising Dividend Achievers by 7.9% during the second quarter. Consolidated Portfolio Review Corp now owns 118,045 shares of the company’s stock worth $6,463,000 after buying an additional 8,618 shares during the last quarter. Williams Financial LLC bought a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at approximately $765,000. Atria Investments Inc lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 28.0% in the 1st quarter. Atria Investments Inc now owns 97,657 shares of the company’s stock valued at $5,485,000 after acquiring an additional 21,379 shares in the last quarter. Raymond James & Associates lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 2.3% in the 2nd quarter. Raymond James & Associates now owns 2,818,055 shares of the company’s stock valued at $154,289,000 after acquiring an additional 64,200 shares in the last quarter. Finally, CWM LLC raised its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 13.9% during the 2nd quarter. CWM LLC now owns 437,626 shares of the company’s stock worth $23,960,000 after purchasing an additional 53,575 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.5 %

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $61.72 on Wednesday. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $47.11 and a 12-month high of $63.72. The stock has a market cap of $12.72 billion, a P/E ratio of 10.08 and a beta of 1.15. The business’s 50 day moving average is $59.80 and its 200-day moving average is $57.22.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm also recently announced 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. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.24%. 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.