298,462 Shares in First Trust Rising Dividend Achievers ETF $RDVY Bought by Bleakley Financial Group LLC

Bleakley Financial Group LLC purchased a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 298,462 shares of the company’s stock, valued at approximately $20,734,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balefire LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 32.1% in the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after purchasing an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 27.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after purchasing an additional 7,379 shares in the last quarter. Atria Investments Inc raised its holdings in First Trust Rising Dividend Achievers ETF by 7.1% in the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after purchasing an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. raised its holdings in First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after purchasing an additional 9,181 shares in the last quarter. Finally, Genesis Private Wealth LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the fourth quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock valued at $7,786,000 after acquiring an additional 7,444 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ:RDVY opened at $75.24 on Tuesday. First Trust Rising Dividend Achievers ETF has a 1-year low of $59.01 and a 1-year high of $75.75. The business has a fifty day moving average price of $72.14 and a 200-day moving average price of $71.03. The company has a market capitalization of $22.10 billion, a PE ratio of 15.46 and a beta of 1.02.

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 issued a dividend of $0.1813 per share. The ex-dividend date was Thursday, March 26th. This represents a $0.73 annualized dividend and a dividend yield of 1.0%.

First Trust Rising Dividend Achievers ETF 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.