Susquehanna International Group LLP Takes Position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY)

Susquehanna International Group LLP acquired a new stake in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 77,703 shares of the company's stock, valued at approximately $4,595,000.

A number of other hedge funds have also recently made changes to their positions in RDVY. Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers in the fourth quarter worth approximately $25,000. Summit Investment Advisors Inc. grew its position in shares of First Trust NASDAQ Rising Dividend Achievers by 195.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 443 shares of the company's stock worth $26,000 after buying an additional 293 shares during the last quarter. Graney & King LLC purchased a new stake in shares of First Trust NASDAQ Rising Dividend Achievers during the fourth quarter worth about $27,000. Sound Income Strategies LLC purchased a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth approximately $40,000. Finally, Sugarloaf Wealth Management LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers during the 4th quarter worth about $40,000.

First Trust NASDAQ Rising Dividend Achievers Stock Down 0.2 %

Shares of RDVY stock traded down $0.14 on Friday, hitting $58.71. The company had a trading volume of 236,665 shares, compared to its average volume of 838,439. The firm has a market cap of $13.68 billion, a P/E ratio of 14.58 and a beta of 1.15. The company has a 50-day moving average price of $57.07 and a 200-day moving average price of $60.00. First Trust NASDAQ Rising Dividend Achievers has a twelve month low of $50.27 and a twelve month high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.2544 dividend. This is an increase from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $1.02 dividend on an annualized basis and a yield of 1.73%.

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.