Envision Financial LLC Has $7.17 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

Envision Financial LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 28.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 103,256 shares of the company’s stock after purchasing an additional 22,581 shares during the period. First Trust Rising Dividend Achievers ETF accounts for 3.8% of Envision Financial LLC’s portfolio, making the stock its 9th largest holding. Envision Financial LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,173,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of RDVY. Confluence Wealth Services Inc. boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.2% during the 3rd quarter. Confluence Wealth Services Inc. now owns 12,638 shares of the company’s stock worth $850,000 after buying an additional 153 shares during the period. Allworth Financial LP raised its holdings in First Trust Rising Dividend Achievers ETF by 0.3% in the 3rd quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock worth $4,020,000 after acquiring an additional 159 shares during the period. Howard Bailey Securities LLC lifted its position in First Trust Rising Dividend Achievers ETF by 4.6% during the 3rd quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock worth $247,000 after acquiring an additional 160 shares during the last quarter. Insigneo Advisory Services LLC lifted its position in First Trust Rising Dividend Achievers ETF by 0.8% during the 3rd quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock worth $1,342,000 after acquiring an additional 163 shares during the last quarter. Finally, Proactive Wealth Strategies LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 0.3% during the third quarter. Proactive Wealth Strategies LLC now owns 64,148 shares of the company’s stock valued at $4,315,000 after acquiring an additional 174 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:RDVY opened at $68.38 on Friday. The company has a market cap of $19.29 billion, a P/E ratio of 15.46 and a beta of 1.10. The stock’s 50-day moving average is $71.59 and its 200-day moving average is $69.20. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $73.54.

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.