First Trust Rising Dividend Achievers ETF $RDVY is Genesis Private Wealth LLC’s 8th Largest Position

Genesis Private Wealth LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 7.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,076 shares of the company’s stock after buying an additional 7,444 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up about 2.4% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 8th largest holding. Genesis Private Wealth LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,786,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GSG Advisors LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 3.0% in the fourth quarter. GSG Advisors LLC now owns 177,202 shares of the company’s stock valued at $12,310,000 after acquiring an additional 5,142 shares in the last quarter. Sovereign Financial Group Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 0.4% during the 4th quarter. Sovereign Financial Group Inc. now owns 130,541 shares of the company’s stock valued at $9,069,000 after acquiring an additional 458 shares during the last quarter. Lynch & Associates IN grew its holdings in First Trust Rising Dividend Achievers ETF by 5.4% during the 4th quarter. Lynch & Associates IN now owns 19,265 shares of the company’s stock worth $1,338,000 after acquiring an additional 981 shares in the last quarter. Holistic Financial Partners acquired a new position in First Trust Rising Dividend Achievers ETF during the 4th quarter worth $3,068,000. Finally, Next Level Private LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 6.2% in the 4th quarter. Next Level Private LLC now owns 328,636 shares of the company’s stock worth $22,830,000 after purchasing an additional 19,080 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $68.38 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $50.27 and a 1 year high of $73.54. The firm’s 50-day simple moving average is $71.59 and its 200-day simple moving average is $69.22. The firm has a market cap of $19.29 billion, a PE ratio of 15.46 and a beta of 1.10.

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.