First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Rise Advisors LLC

Rise Advisors LLC boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5,883.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 440,766 shares of the company’s stock after acquiring an additional 433,400 shares during the period. First Trust Rising Dividend Achievers ETF comprises 10.9% of Rise Advisors LLC’s holdings, making the stock its 2nd biggest position. Rise Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $30,620,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Balefire LLC boosted its stake in 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 acquiring an additional 9,594 shares in the last quarter. Atria Investments Inc boosted its stake in 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 acquiring an additional 12,843 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in 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 acquiring an additional 9,181 shares in the last quarter. Genesis Private Wealth LLC boosted its stake in 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 acquiring an additional 7,444 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new position in First Trust Rising Dividend Achievers ETF during the fourth quarter worth $743,000.

First Trust Rising Dividend Achievers ETF Stock Up 0.9%

Shares of NASDAQ RDVY opened at $76.70 on Wednesday. The firm has a market cap of $22.53 billion, a PE ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 12-month low of $60.30 and a 12-month high of $77.60. The company’s fifty day simple moving average is $73.75 and its 200 day simple moving average is $71.71.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 annualized dividend and a 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.