Platform Technology Partners Acquires 2,775 Shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Platform Technology Partners boosted its holdings in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 21.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,466 shares of the company’s stock after buying an additional 2,775 shares during the period. Platform Technology Partners’ holdings in First Trust NASDAQ Rising Dividend Achievers were worth $916,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its position in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% in the 1st quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock valued at $28,000 after acquiring an additional 494 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of First Trust NASDAQ Rising Dividend Achievers in the second quarter valued at approximately $29,000. Kings Path Partners LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the second quarter valued at approximately $31,000. Russell Investments Group Ltd. bought a new stake in First Trust NASDAQ Rising Dividend Achievers during the first quarter worth $34,000. Finally, Rothschild Investment LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at $34,000.

First Trust NASDAQ Rising Dividend Achievers Trading Up 1.1 %

Shares of NASDAQ:RDVY opened at $63.50 on Tuesday. First Trust NASDAQ Rising Dividend Achievers has a 1-year low of $45.47 and a 1-year high of $63.72. The stock has a market cap of $13.09 billion, a PE ratio of 10.08 and a beta of 1.15. The stock’s fifty day simple moving average is $59.03 and its two-hundred day simple moving average is $56.80.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently declared 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 annualized dividend and a yield of 1.20%. The ex-dividend date was Thursday, September 26th.

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.