First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Breakthru Advisory Services LLC

Breakthru Advisory Services LLC lowered its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 94.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,550 shares of the company’s stock after selling 181,596 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 0.5% of Breakthru Advisory Services LLC’s holdings, making the stock its 26th largest position. Breakthru Advisory Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $777,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of RDVY. Total Clarity Wealth Management Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 6.0% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 102,900 shares of the company’s stock worth $6,456,000 after buying an additional 5,787 shares during the period. Robertson Stephens Wealth Management LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the second quarter worth about $249,000. Novem Group raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 3.0% in the 2nd quarter. Novem Group now owns 19,090 shares of the company’s stock worth $1,198,000 after purchasing an additional 555 shares during the period. Baird Financial Group Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 4.5% in the 2nd quarter. Baird Financial Group Inc. now owns 906,359 shares of the company’s stock valued at $56,865,000 after purchasing an additional 38,793 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 61.4% in the 1st quarter. Jones Financial Companies Lllp now owns 688,084 shares of the company’s stock valued at $39,929,000 after purchasing an additional 261,781 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY opened at $69.90 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $70.71. The firm has a 50 day moving average price of $67.79 and a 200 day moving average price of $65.49. The company has a market cap of $18.26 billion, a PE ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a $0.1996 dividend. The ex-dividend date of this dividend is Friday, December 12th. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. This represents a $0.80 annualized dividend and a dividend yield of 1.1%.

First Trust Rising Dividend Achievers ETF Company 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.