First Horizon Corp Increases Holdings in First Trust Rising Dividend Achievers ETF $RDVY

First Horizon Corp increased its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1,826.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,205 shares of the company’s stock after acquiring an additional 6,831 shares during the period. First Horizon Corp’s holdings in First Trust Rising Dividend Achievers ETF were worth $501,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RDVY. Balefire LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 32.1% in the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock valued at $2,746,000 after buying an additional 9,594 shares in the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock worth $2,296,000 after acquiring an additional 7,379 shares during the last quarter. Atria Investments Inc raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 7.1% in the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after acquiring an additional 12,843 shares during the last quarter. Cozad Asset Management Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after acquiring an additional 9,181 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 15.9% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after acquiring an additional 11,000 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.0%

RDVY opened at $74.52 on Tuesday. The firm has a market cap of $21.74 billion, a P/E ratio of 15.46 and a beta of 1.03. The business’s fifty day simple moving average is $70.82 and its 200 day simple moving average is $69.82. First Trust Rising Dividend Achievers ETF has a 52 week low of $52.88 and a 52 week high of $74.96.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.