Private Advisory Group LLC Sells 18,569 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Private Advisory Group LLC lessened its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 12.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 133,214 shares of the company’s stock after selling 18,569 shares during the period. Private Advisory Group LLC owned 0.05% of First Trust Rising Dividend Achievers ETF worth $8,960,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. First Horizon Corp purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth approximately $25,000. Cullen Frost Bankers Inc. bought a new position in First Trust Rising Dividend Achievers ETF in the third quarter worth approximately $28,000. Mather Group LLC. bought a new position in First Trust Rising Dividend Achievers ETF in the third quarter worth approximately $31,000. Quaker Wealth Management LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 200.2% during the 2nd quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock worth $36,000 after purchasing an additional 1,135 shares during the period. Finally, Collier Financial bought a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at $41,000.

First Trust Rising Dividend Achievers ETF Trading Up 1.1%

Shares of RDVY stock opened at $73.12 on Monday. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $73.43. The stock has a market capitalization of $20.63 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The stock has a fifty day simple moving average of $71.64 and a two-hundred day simple moving average of $68.50.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.1996 per share. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.80 dividend on an annualized basis and a yield of 1.1%.

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.