First Trust Rising Dividend Achievers ETF $RDVY Stock Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 3.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,076 shares of the company’s stock after purchasing an additional 9,229 shares during the quarter. Oppenheimer & Co. Inc. owned 0.09% of First Trust Rising Dividend Achievers ETF worth $21,692,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RDVY. RVW Wealth LLC grew its holdings in First Trust Rising Dividend Achievers ETF by 1.6% during the 3rd quarter. RVW Wealth LLC now owns 596,440 shares of the company’s stock valued at $46,695,000 after buying an additional 9,534 shares during the last quarter. Serenity Investment Advisors increased its position in First Trust Rising Dividend Achievers ETF by 34.1% during the second quarter. Serenity Investment Advisors now owns 28,004 shares of the company’s stock worth $2,282,000 after buying an additional 7,116 shares in the last quarter. Crumly & Associates Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.3% in the third quarter. Crumly & Associates Inc. now owns 346,312 shares of the company’s stock worth $27,113,000 after acquiring an additional 23,535 shares during the last quarter. First Heartland Consultants Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 4.5% in the third quarter. First Heartland Consultants Inc. now owns 510,462 shares of the company’s stock worth $39,964,000 after acquiring an additional 21,945 shares during the last quarter. Finally, Rehmann Capital Advisory Group raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 43.3% in the second quarter. Rehmann Capital Advisory Group now owns 35,052 shares of the company’s stock worth $3,091,000 after acquiring an additional 10,599 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.5%

Shares of NASDAQ:RDVY opened at $79.07 on Tuesday. First Trust Rising Dividend Achievers ETF has a 52-week low of $64.99 and a 52-week high of $84.02. The stock’s fifty day simple moving average is $80.34 and its 200-day simple moving average is $76.22. The company has a market capitalization of $25.34 billion, a P/E ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a $0.1521 dividend. This represents a $0.61 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

About First Trust Rising Dividend Achievers ETF

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.