Chris Bulman Inc Buys 47,781 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Chris Bulman Inc lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 33.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 188,670 shares of the company’s stock after purchasing an additional 47,781 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 5.8% of Chris Bulman Inc’s holdings, making the stock its 3rd largest holding. Chris Bulman Inc owned 0.07% of First Trust Rising Dividend Achievers ETF worth $13,107,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RDVY. Raymond James Financial Inc. raised its position in First Trust Rising Dividend Achievers ETF by 1.8% in the second quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock valued at $702,780,000 after purchasing an additional 198,938 shares during the period. Ameriprise Financial Inc. lifted its stake in First Trust Rising Dividend Achievers ETF by 10.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,790,897 shares of the company’s stock worth $523,914,000 after acquiring an additional 716,800 shares in the last quarter. Bank of America Corp DE boosted its holdings in First Trust Rising Dividend Achievers ETF by 7.0% during the 3rd quarter. Bank of America Corp DE now owns 6,992,315 shares of the company’s stock valued at $470,303,000 after acquiring an additional 455,258 shares during the period. UBS Group AG boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 12.2% in the third quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock valued at $386,090,000 after purchasing an additional 624,936 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 13.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock valued at $329,979,000 after purchasing an additional 577,318 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 1.6%

NASDAQ:RDVY opened at $66.68 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 fifty day simple moving average of $71.19 and a two-hundred day simple moving average of $69.29. The company has a market cap of $18.81 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be paid a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, March 26th.

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.