Certified Advisory Corp Grows Position in First Trust Rising Dividend Achievers ETF $RDVY

Certified Advisory Corp raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 14.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,182 shares of the company’s stock after acquiring an additional 12,278 shares during the quarter. Certified Advisory Corp’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,960,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. First Horizon Corp acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter valued at $25,000. Cullen Frost Bankers Inc. acquired a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at about $28,000. Mather Group LLC. acquired a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at about $31,000. Pin Oak Investment Advisors Inc. purchased a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at about $38,000. Finally, Collier Financial purchased a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at about $41,000.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $69.27 on Wednesday. The stock has a market capitalization of $19.54 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $73.54. The firm’s 50-day moving average is $71.47 and its two-hundred day moving average is $69.29.

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.