Thrivent Financial for Lutherans Acquires 31,183 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Thrivent Financial for Lutherans raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 88.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 66,299 shares of the company’s stock after acquiring an additional 31,183 shares during the period. Thrivent Financial for Lutherans’ holdings in First Trust Rising Dividend Achievers ETF were worth $4,459,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in RDVY. Raymond James Financial Inc. lifted its stake 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 buying an additional 198,938 shares during the period. Ameriprise Financial Inc. increased its stake in shares of First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after acquiring an additional 957,587 shares during the last quarter. Bank of America Corp DE raised its position in shares of First Trust Rising Dividend Achievers ETF by 4.1% in the 2nd quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock valued at $410,135,000 after acquiring an additional 258,172 shares during the period. Envestnet Asset Management Inc. raised its position in shares of First Trust Rising Dividend Achievers ETF by 26.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,328,699 shares of the company’s stock valued at $271,583,000 after acquiring an additional 907,673 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 6.8% during the 2nd quarter. Osaic Holdings Inc. now owns 3,240,145 shares of the company’s stock worth $203,194,000 after acquiring an additional 205,514 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $73.06 on Friday. First Trust Rising Dividend Achievers ETF has a 52-week low of $50.27 and a 52-week high of $73.43. The stock has a market cap of $20.61 billion, a P/E ratio of 15.46 and a beta of 1.10. The firm has a 50 day moving average price of $71.02 and a 200 day moving average price of $67.86.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.1996 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.