15,803 Shares in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) Acquired by Jane Street Group LLC

Jane Street Group LLC purchased a new position in shares of First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 15,803 shares of the company's stock, valued at approximately $935,000.

Several other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in First Trust NASDAQ Rising Dividend Achievers in the 4th quarter valued at $593,242,000. LPL Financial LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 4.8% in the 4th quarter. LPL Financial LLC now owns 21,307,144 shares of the company's stock valued at $1,260,104,000 after acquiring an additional 980,714 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 7.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,640,003 shares of the company's stock valued at $333,550,000 after acquiring an additional 409,135 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 128.3% in the 4th quarter. SRS Capital Advisors Inc. now owns 708,953 shares of the company's stock valued at $41,928,000 after acquiring an additional 398,469 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in First Trust NASDAQ Rising Dividend Achievers by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 9,008,501 shares of the company's stock valued at $532,763,000 after acquiring an additional 327,729 shares in the last quarter.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of NASDAQ RDVY opened at $59.97 on Friday. The stock has a market capitalization of $13.97 billion, a PE ratio of 14.58 and a beta of 1.15. The business has a fifty day moving average price of $57.45 and a two-hundred day moving average price of $60.09. First Trust NASDAQ Rising Dividend Achievers has a fifty-two week low of $50.27 and a fifty-two week high of $64.63.

First Trust NASDAQ Rising Dividend Achievers Increases Dividend

The business 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. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust NASDAQ Rising Dividend Achievers's previous quarterly dividend of $0.19. This represents a $1.02 annualized dividend and a yield of 1.70%.

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.

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