TD Capital Management LLC Has $2.14 Million Position in First Trust Rising Dividend Achievers ETF $RDVY

TD Capital Management LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 69.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,852 shares of the company’s stock after acquiring an additional 12,603 shares during the quarter. TD Capital Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,143,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Balefire LLC raised its stake 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 during the last quarter. Cozad Asset Management Inc. boosted its stake 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 valued at $7,272,000 after acquiring an additional 9,181 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 7.1% in 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 during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the 4th quarter worth $743,000. Finally, Citigroup Inc. grew its holdings in First Trust Rising Dividend Achievers ETF by 4.7% during the 3rd quarter. Citigroup Inc. now owns 364,681 shares of the company’s stock worth $24,528,000 after acquiring an additional 16,507 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $79.15 on Friday. The firm has a fifty day moving average of $75.10 and a two-hundred day moving average of $72.26. The stock has a market capitalization of $23.25 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 52 week low of $60.30 and a 52 week high of $80.05.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.9%.

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.