First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 40.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,991 shares of the company’s stock after purchasing an additional 22,870 shares during the period. First Trust Rising Dividend Achievers ETF makes up about 1.5% of RFG Bristol Wealth Advisors LLC’s portfolio, making the stock its 17th biggest holding. RFG Bristol Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,394,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RDVY. Huntington National Bank increased its position in First Trust Rising Dividend Achievers ETF by 37,000.0% during the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after buying an additional 370 shares in the last quarter. Financial Perspectives Inc acquired a new stake in First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $26,000. Trust Co. of Vermont acquired a new stake in First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $27,000. United Community Bank purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth about $28,000. Finally, Anchor Investment Management LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter worth about $34,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.0%

RDVY opened at $80.15 on Thursday. First Trust Rising Dividend Achievers ETF has a 52-week low of $61.84 and a 52-week high of $81.36. The company has a market cap of $24.35 billion, a P/E ratio of 15.46 and a beta of 1.00. The firm’s 50-day moving average price is $77.32 and its 200-day moving average price is $73.62.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.