Robertson Stephens Wealth Management LLC Buys New Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Robertson Stephens Wealth Management LLC purchased a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,966 shares of the company’s stock, valued at approximately $249,000.

A number of other large investors also recently modified their holdings of RDVY. WealthCare Investment Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 0.3% during the second quarter. WealthCare Investment Partners LLC now owns 59,562 shares of the company’s stock worth $3,799,000 after purchasing an additional 161 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in First Trust Rising Dividend Achievers ETF by 34.2% during the 2nd quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock worth $41,000 after buying an additional 165 shares during the last quarter. Barrett & Company Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 0.7% during the 2nd quarter. Barrett & Company Inc. now owns 31,120 shares of the company’s stock worth $1,952,000 after acquiring an additional 206 shares in the last quarter. Kaydan Wealth Management Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 1.1% during the 1st quarter. Kaydan Wealth Management Inc. now owns 18,404 shares of the company’s stock worth $1,077,000 after acquiring an additional 207 shares in the last quarter. Finally, Purus Wealth Management LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 0.4% in the 1st quarter. Purus Wealth Management LLC now owns 50,320 shares of the company’s stock valued at $2,946,000 after acquiring an additional 207 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $65.02 on Monday. The stock’s 50-day simple moving average is $65.89 and its 200-day simple moving average is $61.96. The firm has a market capitalization of $16.74 billion, a PE ratio of 15.46 and a beta of 1.15. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $68.11.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.1487 per share. This represents a $0.59 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, September 25th.

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.