Atria Investments Inc Buys 12,843 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Atria Investments Inc increased its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 193,425 shares of the company’s stock after purchasing an additional 12,843 shares during the quarter. Atria Investments Inc owned approximately 0.07% of First Trust Rising Dividend Achievers ETF worth $13,010,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Savvy Advisors Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF by 13.0% in the third quarter. Savvy Advisors Inc. now owns 20,404 shares of the company’s stock valued at $1,372,000 after buying an additional 2,351 shares during the period. Krilogy Financial LLC bought a new position in First Trust Rising Dividend Achievers ETF during the third quarter worth about $1,043,000. Sanchez Wealth Management Group increased its stake in shares of First Trust Rising Dividend Achievers ETF by 2.2% in the third quarter. Sanchez Wealth Management Group now owns 203,860 shares of the company’s stock worth $13,712,000 after purchasing an additional 4,434 shares in the last quarter. Center for Financial Planning Inc. purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth about $42,000. Finally, Stratos Wealth Partners LTD. grew its stake in First Trust Rising Dividend Achievers ETF by 6.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 512,774 shares of the company’s stock valued at $34,489,000 after buying an additional 31,261 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $71.34 on Friday. The stock has a market capitalization of $20.13 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The company’s fifty day simple moving average is $71.32 and its two-hundred day simple moving average is $68.06. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.