Signature Estate & Investment Advisors LLC Has $2.68 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

Signature Estate & Investment Advisors LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 75.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 39,778 shares of the company’s stock after buying an additional 17,147 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,675,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in RDVY. Lowe Brockenbrough & Co. Inc. raised its holdings in First Trust Rising Dividend Achievers ETF by 172.5% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 5,450 shares of the company’s stock valued at $367,000 after acquiring an additional 3,450 shares in the last quarter. Moloney Securities Asset Management LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 6.9% in the third quarter. Moloney Securities Asset Management LLC now owns 20,223 shares of the company’s stock valued at $1,360,000 after buying an additional 1,300 shares during the period. Coston McIsaac & Partners increased its position in First Trust Rising Dividend Achievers ETF by 10.8% in the 3rd quarter. Coston McIsaac & Partners now owns 2,285 shares of the company’s stock valued at $153,000 after acquiring an additional 223 shares during the period. IMG Wealth Management Inc. increased its holdings in First Trust Rising Dividend Achievers ETF by 18.6% in the third quarter. IMG Wealth Management Inc. now owns 73,910 shares of the company’s stock valued at $4,971,000 after purchasing an additional 11,570 shares during the period. Finally, J.W. Cole Advisors Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 4.9% during the third quarter. J.W. Cole Advisors Inc. now owns 91,383 shares of the company’s stock worth $6,146,000 after acquiring an additional 4,293 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $73.06 on Monday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.43. The firm’s fifty day moving average is $71.02 and its 200-day moving average is $67.89. The firm has a market cap of $20.61 billion, a P/E ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently disclosed 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 is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.80 dividend on an annualized basis and a dividend 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.