Centaurus Financial Inc. Raises Position in First Trust Rising Dividend Achievers ETF $RDVY

Centaurus Financial Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 187.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,137 shares of the company’s stock after acquiring an additional 15,098 shares during the quarter. Centaurus Financial Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,580,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 10.5% in the fourth quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after acquiring an additional 2,907,770 shares during the last quarter. Morgan Stanley raised its stake in First Trust Rising Dividend Achievers ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock valued at $1,400,025,000 after purchasing an additional 940,590 shares during the last quarter. Raymond James Financial Inc. raised its stake in First Trust Rising Dividend Achievers ETF by 2.2% in the 4th quarter. Raymond James Financial Inc. now owns 11,285,710 shares of the company’s stock valued at $784,018,000 after purchasing an additional 243,585 shares during the last quarter. Wells Fargo & Company MN boosted its stake in First Trust Rising Dividend Achievers ETF by 10.6% during the 4th quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock worth $783,359,000 after purchasing an additional 1,076,558 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after purchasing an additional 957,587 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $81.09 on Friday. First Trust Rising Dividend Achievers ETF has a 52-week low of $62.02 and a 52-week high of $81.46. The firm has a market capitalization of $24.82 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The company has a fifty day simple moving average of $78.78 and a 200-day simple moving average of $74.39.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.