First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Blair William & Co. IL

Blair William & Co. IL raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 57.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 578,324 shares of the company’s stock after acquiring an additional 210,781 shares during the period. Blair William & Co. IL owned approximately 0.22% of First Trust Rising Dividend Achievers ETF worth $38,898,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Horizon Corp purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter worth about $25,000. Cullen Frost Bankers Inc. purchased a new position in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $28,000. Mather Group LLC. purchased a new position in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $31,000. Collier Financial acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $41,000. Finally, Center for Financial Planning Inc. acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $42,000.

First Trust Rising Dividend Achievers ETF Stock Down 2.1%

RDVY opened at $69.55 on Friday. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $73.54. The company has a 50 day moving average of $71.97 and a two-hundred day moving average of $68.97. The company has a market cap of $19.62 billion, a P/E ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.1996 per share. This represents a $0.80 annualized dividend 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.

About First Trust Rising Dividend Achievers ETF

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.