First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Apollon Financial LLC

Apollon Financial LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 56.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,538 shares of the company’s stock after purchasing an additional 14,200 shares during the quarter. Apollon Financial LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,659,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the 2nd quarter valued at $26,000. Compass Financial Services Inc purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter worth $26,000. Rise Advisors LLC acquired a new position in First Trust Rising Dividend Achievers ETF in the first quarter valued at $31,000. Private Wealth Asset Management LLC boosted its holdings in First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after acquiring an additional 352 shares during the last quarter. Finally, Quaker Wealth Management LLC grew its position in First Trust Rising Dividend Achievers ETF by 200.2% during the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock valued at $36,000 after acquiring an additional 1,135 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.0%

Shares of RDVY stock opened at $70.71 on Friday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $70.88. The firm’s 50 day moving average price is $68.23 and its two-hundred day moving average price is $65.86. The stock has a market cap of $18.48 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be paid a dividend of $0.1996 per share. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.80 annualized dividend and a yield of 1.1%.

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.