RiverFront Dynamic US Dividend Advantage ETF $RFDA Stake Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its holdings in RiverFront Dynamic US Dividend Advantage ETF (NYSEARCA:RFDA) by 2.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,868 shares of the company’s stock after purchasing an additional 310 shares during the period. Janney Montgomery Scott LLC owned approximately 1.20% of RiverFront Dynamic US Dividend Advantage ETF worth $920,000 as of its most recent SEC filing.

RiverFront Dynamic US Dividend Advantage ETF Stock Up 0.1%

RFDA opened at $62.79 on Wednesday. The stock has a fifty day moving average of $61.64 and a 200-day moving average of $57.26. The firm has a market capitalization of $83.51 million, a P/E ratio of 18.60 and a beta of 0.97. RiverFront Dynamic US Dividend Advantage ETF has a 12-month low of $46.25 and a 12-month high of $63.71.

RiverFront Dynamic US Dividend Advantage ETF Profile

The RiverFront Dynamic US Dividend Advantage ETF (RFDA) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests in US-domiciled companies with higher dividend yields than their peers within the same sector, among other factors. RFDA was launched on Jun 7, 2016 and is managed by RiverFront.