Certified Advisory Corp Has $5.91 Million Position in First Trust Rising Dividend Achievers ETF $RDVY

Certified Advisory Corp increased its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 21.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 87,904 shares of the company’s stock after buying an additional 15,546 shares during the quarter. Certified Advisory Corp’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,912,000 at the end of the most recent quarter.

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

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $69.55 on Monday. The stock 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 has a one year low of $50.27 and a one year high of $73.54. The stock has a fifty day moving average price of $71.97 and a 200 day moving average price of $69.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a $0.1996 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.