Ashton Thomas Private Wealth LLC Has $2.30 Million Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Ashton Thomas Private Wealth LLC boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 27.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 34,134 shares of the company’s stock after acquiring an additional 7,379 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,296,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of First Trust Rising Dividend Achievers ETF by 15.9% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after purchasing an additional 11,000 shares during the last quarter. BankPlus Wealth Management LLC grew its position in First Trust Rising Dividend Achievers ETF by 35.6% during the third quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock valued at $2,529,000 after buying an additional 9,866 shares during the period. Forefront Wealth Partners LLC purchased a new stake in First Trust Rising Dividend Achievers ETF during the third quarter worth about $2,859,000. Total Clarity Wealth Management Inc. raised its position in First Trust Rising Dividend Achievers ETF by 6.0% in the second quarter. Total Clarity Wealth Management Inc. now owns 102,900 shares of the company’s stock worth $6,456,000 after acquiring an additional 5,787 shares during the period. Finally, DHJJ Financial Advisors Ltd. raised its position in First Trust Rising Dividend Achievers ETF by 185.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 48,353 shares of the company’s stock worth $3,252,000 after acquiring an additional 31,411 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $71.58 on Friday. The firm has a 50 day moving average price of $70.93 and a 200-day moving average price of $67.76. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $73.43. The company has a market capitalization of $20.20 billion, a P/E ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a $0.1996 dividend. The ex-dividend date was Friday, December 12th. This is a boost 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.