First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC reduced its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 75.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,336 shares of the company’s stock after selling 65,085 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,435,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RDVY. Ameriprise Financial Inc. lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd 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. Envestnet Asset Management Inc. raised its holdings in First Trust Rising Dividend Achievers ETF by 26.5% during the second 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. Bank of America Corp DE lifted its position in First Trust Rising Dividend Achievers ETF by 4.1% in the second quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock worth $410,135,000 after purchasing an additional 258,172 shares during the period. Jones Financial Companies Lllp boosted its position in shares of First Trust Rising Dividend Achievers ETF by 27.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,153,826 shares of the company’s stock valued at $77,572,000 after purchasing an additional 248,261 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 102.6% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 460,658 shares of the company’s stock valued at $30,984,000 after purchasing an additional 233,305 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

First Trust Rising Dividend Achievers ETF stock opened at $71.86 on Friday. The firm has a market cap of $20.28 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $73.43. The firm’s 50 day moving average price is $71.37 and its two-hundred day moving average price is $68.12.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid 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. 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.

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.