First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) is Prospera Financial Services Inc’s 7th Largest Position

Prospera Financial Services Inc grew its position in First Trust NASDAQ Rising Dividend Achievers (NASDAQ:RDVY) by 3.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 890,380 shares of the company’s stock after acquiring an additional 26,384 shares during the period. First Trust NASDAQ Rising Dividend Achievers comprises approximately 1.3% of Prospera Financial Services Inc’s investment portfolio, making the stock its 7th biggest position. Prospera Financial Services Inc owned approximately 0.43% of First Trust NASDAQ Rising Dividend Achievers worth $52,736,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. BNP Paribas Financial Markets raised its position in First Trust NASDAQ Rising Dividend Achievers by 24,700.0% during the first quarter. BNP Paribas Financial Markets now owns 496 shares of the company’s stock worth $28,000 after acquiring an additional 494 shares during the period. Headlands Technologies LLC acquired a new position in shares of First Trust NASDAQ Rising Dividend Achievers during the 2nd quarter worth about $29,000. Kings Path Partners LLC purchased a new position in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter valued at about $31,000. Russell Investments Group Ltd. acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 1st quarter worth about $34,000. Finally, Rothschild Investment LLC acquired a new stake in First Trust NASDAQ Rising Dividend Achievers in the 2nd quarter worth about $34,000.

First Trust NASDAQ Rising Dividend Achievers Price Performance

Shares of First Trust NASDAQ Rising Dividend Achievers stock opened at $62.03 on Tuesday. The stock has a market capitalization of $12.79 billion, a P/E ratio of 10.08 and a beta of 1.15. The business has a 50 day simple moving average of $59.58 and a two-hundred day simple moving average of $57.11. First Trust NASDAQ Rising Dividend Achievers has a 12 month low of $47.11 and a 12 month high of $63.72.

First Trust NASDAQ Rising Dividend Achievers Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.1912 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.76 dividend on an annualized basis and a yield of 1.23%.

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.