Integrated Wealth Concepts LLC Has $57.79 Million Position in First Trust Rising Dividend Achievers ETF $RDVY

Integrated Wealth Concepts LLC lessened its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 16.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 712,921 shares of the company’s stock after selling 142,532 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.23% of First Trust Rising Dividend Achievers ETF worth $57,789,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. J.W. Cole Advisors Inc. grew its position in First Trust Rising Dividend Achievers ETF by 16.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 105,998 shares of the company’s stock valued at $7,334,000 after acquiring an additional 14,615 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter valued at approximately $628,000. Ignite Planners LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 122.9% in the 4th quarter. Ignite Planners LLC now owns 38,362 shares of the company’s stock valued at $2,772,000 after purchasing an additional 21,155 shares in the last quarter. Certified Advisory Corp boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 10.9% in the 1st quarter. Certified Advisory Corp now owns 111,055 shares of the company’s stock valued at $7,583,000 after purchasing an additional 10,873 shares in the last quarter. Finally, Brookstone Capital Management grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 9.3% during the 1st quarter. Brookstone Capital Management now owns 185,649 shares of the company’s stock valued at $12,676,000 after purchasing an additional 15,808 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY stock opened at $81.15 on Wednesday. The company has a 50 day simple moving average of $81.41 and a 200 day simple moving average of $76.33. The stock has a market cap of $24.89 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 1 year low of $64.97 and a 1 year high of $84.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were issued a $0.1474 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, June 25th.

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.