Insight Inv LLC Has $4.62 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Insight Inv LLC trimmed its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,652 shares of the company’s stock after selling 7,302 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises approximately 2.7% of Insight Inv LLC’s investment portfolio, making the stock its 4th biggest position. Insight Inv LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $4,618,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of RDVY. Raymond James Financial Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 1.8% in the second quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock valued at $702,780,000 after purchasing an additional 198,938 shares during the last quarter. Ameriprise Financial Inc. increased its position in First Trust Rising Dividend Achievers ETF by 15.7% during the second quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after acquiring an additional 957,587 shares during the period. Bank of America Corp DE increased its position in First Trust Rising Dividend Achievers ETF by 4.1% during the second quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock worth $410,135,000 after acquiring an additional 258,172 shares during the period. Envestnet Asset Management Inc. raised its stake in First Trust Rising Dividend Achievers ETF by 26.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock worth $271,583,000 after purchasing an additional 907,673 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in First Trust Rising Dividend Achievers ETF by 6.8% in the 2nd quarter. Osaic Holdings Inc. now owns 3,240,145 shares of the company’s stock valued at $203,194,000 after purchasing an additional 205,514 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Down 0.1%

Shares of RDVY opened at $72.61 on Friday. The stock has a market capitalization of $20.13 billion, a PE ratio of 15.46 and a beta of 1.10. The firm’s 50 day moving average is $69.44 and its 200-day moving average is $66.87. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $73.11.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a dividend of $0.1996 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.