10,690 Shares in First Trust Rising Dividend Achievers ETF $RDVY Acquired by Cliftonlarsonallen Wealth Advisors LLC

Cliftonlarsonallen Wealth Advisors LLC purchased a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,690 shares of the company’s stock, valued at approximately $743,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Confluence Wealth Services Inc. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 1.2% during the 3rd quarter. Confluence Wealth Services Inc. now owns 12,638 shares of the company’s stock worth $850,000 after purchasing an additional 153 shares during the period. Quad Cities Investment Group LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 0.7% during the 4th quarter. Quad Cities Investment Group LLC now owns 21,219 shares of the company’s stock worth $1,474,000 after purchasing an additional 157 shares during the period. Allworth Financial LP grew its stake in shares of First Trust Rising Dividend Achievers ETF by 0.3% during the 3rd quarter. Allworth Financial LP now owns 59,767 shares of the company’s stock worth $4,020,000 after purchasing an additional 159 shares during the period. Howard Bailey Securities LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 4.6% during the 3rd quarter. Howard Bailey Securities LLC now owns 3,673 shares of the company’s stock worth $247,000 after purchasing an additional 160 shares during the period. Finally, Insigneo Advisory Services LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 0.8% during the 3rd quarter. Insigneo Advisory Services LLC now owns 19,956 shares of the company’s stock worth $1,342,000 after purchasing an additional 163 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ RDVY opened at $72.63 on Friday. The stock has a market capitalization of $21.14 billion, a price-to-earnings ratio of 15.46 and a beta of 1.03. First Trust Rising Dividend Achievers ETF has a 12 month low of $52.54 and a 12 month high of $73.54. The firm’s 50 day simple moving average is $70.67 and its 200-day simple moving average is $69.48.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%.

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.