Jones Financial Companies Lllp Has $39.93 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Jones Financial Companies Lllp increased its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 61.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 688,084 shares of the company’s stock after buying an additional 261,781 shares during the period. Jones Financial Companies Lllp owned 0.30% of First Trust Rising Dividend Achievers ETF worth $39,929,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 11.2% in the 1st quarter. LPL Financial LLC now owns 23,686,574 shares of the company’s stock valued at $1,386,612,000 after buying an additional 2,379,430 shares during the period. Raymond James Financial Inc. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 9.7% in the 1st quarter. Raymond James Financial Inc. now owns 11,002,535 shares of the company’s stock valued at $644,088,000 after buying an additional 971,388 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 7.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 6,074,450 shares of the company’s stock valued at $355,598,000 after buying an additional 434,447 shares during the period. Royal Bank of Canada lifted its position in First Trust Rising Dividend Achievers ETF by 3.5% in the 1st quarter. Royal Bank of Canada now owns 3,521,054 shares of the company’s stock valued at $206,123,000 after acquiring an additional 118,032 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 10.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,421,026 shares of the company’s stock valued at $200,267,000 after purchasing an additional 334,330 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY stock opened at $66.32 on Monday. The company has a market capitalization of $16.18 billion, a P/E ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $66.76. The business has a 50-day simple moving average of $64.49 and a two-hundred day simple moving average of $60.88.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were paid a dividend of $0.1706 per share. The ex-dividend date was Thursday, June 26th. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%.

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.