Sigma Planning Corp Raises Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Sigma Planning Corp boosted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 18.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 177,834 shares of the company’s stock after acquiring an additional 27,755 shares during the period. Sigma Planning Corp owned 0.07% of First Trust Rising Dividend Achievers ETF worth $11,157,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of RDVY. Compass Financial Services Inc acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the first quarter worth $26,000. Farmers & Merchants Investments Inc. purchased a new position in First Trust Rising Dividend Achievers ETF during the 2nd quarter worth $26,000. SVB Wealth LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at about $29,000. Rise Advisors LLC purchased a new stake in First Trust Rising Dividend Achievers ETF in the first quarter valued at about $31,000. Finally, Private Wealth Asset Management LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock worth $33,000 after acquiring an additional 352 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $67.28 on Monday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.49. The firm has a market capitalization of $17.54 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The stock’s 50-day simple moving average is $66.67 and its 200-day simple moving average is $63.25.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were given a dividend of $0.1487 per share. This represents a $0.59 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, September 25th.

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.