First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Prudential PLC

Prudential PLC reduced its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 49.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 245,700 shares of the company’s stock after selling 241,400 shares during the quarter. Prudential PLC owned approximately 0.09% of First Trust Rising Dividend Achievers ETF worth $17,069,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Balefire LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 32.1% during the fourth quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after buying an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its position in shares of First Trust Rising Dividend Achievers ETF by 27.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after buying an additional 7,379 shares in the last quarter. Atria Investments Inc grew its position in shares of First Trust Rising Dividend Achievers ETF by 7.1% during the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after buying an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 9.3% during the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after buying an additional 9,181 shares in the last quarter. Finally, Genesis Private Wealth LLC grew its position 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 worth $7,786,000 after buying an additional 7,444 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $76.95 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $60.30 and a one year high of $77.12. The company has a market cap of $22.60 billion, a PE ratio of 15.46 and a beta of 1.01. The business has a 50-day simple moving average of $73.25 and a 200-day simple moving average of $71.50.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 0.9%.

First Trust Rising Dividend Achievers ETF 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.