Hibernia Wealth Partners LLC Invests $558,000 in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Hibernia Wealth Partners LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,423 shares of the company’s stock, valued at approximately $558,000.

A number of other large investors also recently bought and sold shares of the stock. International Assets Investment Management LLC lifted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers by 5,796.9% in the 3rd quarter. International Assets Investment Management LLC now owns 6,803,294 shares of the company’s stock worth $402,823,000 after acquiring an additional 6,687,924 shares during the last quarter. Cetera Investment Advisers raised its position in First Trust NASDAQ Rising Dividend Achievers by 178.5% in the first quarter. Cetera Investment Advisers now owns 2,264,096 shares of the company’s stock valued at $127,174,000 after purchasing an additional 1,451,045 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in First Trust NASDAQ Rising Dividend Achievers by 18.7% during 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 in the last quarter. LPL Financial LLC boosted its position in shares of First Trust NASDAQ Rising Dividend Achievers by 3.7% during the second quarter. LPL Financial LLC now owns 19,372,722 shares of the company’s stock worth $1,060,656,000 after buying an additional 687,098 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of First Trust NASDAQ Rising Dividend Achievers by 12.9% in the third 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 in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Trading Down 0.5 %

RDVY stock opened at $59.20 on Monday. The business’s fifty day moving average price is $58.48 and its 200 day moving average price is $56.31. First Trust NASDAQ Rising Dividend Achievers has a 12-month low of $43.30 and a 12-month high of $60.94. The company has a market capitalization of $12.16 billion, a PE ratio of 10.08 and a beta of 1.15.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The firm 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. The ex-dividend date was Thursday, September 26th. This represents a $0.76 annualized dividend and a dividend yield of 1.29%.

First Trust NASDAQ Rising Dividend Achievers 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.