D.A. Davidson & CO. Has $61.20 Million Stake in First Trust Rising Dividend Achievers ETF $RDVY

D.A. Davidson & CO. raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 881,008 shares of the company’s stock after purchasing an additional 10,491 shares during the period. D.A. Davidson & CO. owned 0.31% of First Trust Rising Dividend Achievers ETF worth $61,204,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Confluence Wealth Services Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 1.2% in 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 lifted its position in shares of First Trust Rising Dividend Achievers ETF by 0.7% in 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 lifted its position in shares of First Trust Rising Dividend Achievers ETF by 0.3% in 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 lifted its position in shares of First Trust Rising Dividend Achievers ETF by 4.6% in 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 lifted its position in shares of First Trust Rising Dividend Achievers ETF by 0.8% in 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 Stock Performance

Shares of NASDAQ RDVY opened at $74.94 on Monday. The company has a market capitalization of $21.93 billion, a P/E ratio of 15.46 and a beta of 1.03. First Trust Rising Dividend Achievers ETF has a 52-week low of $55.63 and a 52-week high of $75.26. The company’s 50 day moving average price is $71.03 and its 200-day moving average price is $70.03.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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