Nomura Asset Management Co. Ltd. Purchases New Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Nomura Asset Management Co. Ltd. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 19,840 shares of the company’s stock, valued at approximately $1,378,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Huntington National Bank increased its stake in First Trust Rising Dividend Achievers ETF by 37,000.0% during the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after purchasing an additional 370 shares in the last quarter. Financial Perspectives Inc bought a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $26,000. Trust Co. of Vermont bought a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $27,000. United Community Bank bought a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $28,000. Finally, Lloyd Advisory Services LLC. bought a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter valued at about $36,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $75.55 on Friday. The firm has a market cap of $22.19 billion, a P/E ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $60.30 and a fifty-two week high of $77.12. The firm has a 50-day simple moving average of $73.38 and a two-hundred day simple moving average of $71.52.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a $0.1813 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%.

About First Trust Rising Dividend Achievers ETF

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.