First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Vise Technologies Inc.

Vise Technologies Inc. grew its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 4.7% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 155,228 shares of the company’s stock after acquiring an additional 7,025 shares during the quarter. Vise Technologies Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $12,153,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Kings Path Partners LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth approximately $27,000. Bessemer Group Inc. purchased a new position in First Trust Rising Dividend Achievers ETF in the first quarter valued at approximately $29,000. Anchor Investment Management LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $34,000. Rosenberg Matthew Hamilton acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $43,000. Finally, SYM FINANCIAL Corp acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $55,000.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY opened at $79.17 on Monday. First Trust Rising Dividend Achievers ETF has a 52-week low of $64.99 and a 52-week high of $84.02. The company has a 50 day moving average of $80.00 and a two-hundred day moving average of $76.40. The company has a market cap of $25.41 billion, a P/E ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.