First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Assetmark Inc.

Assetmark Inc. raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 39.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 198,075 shares of the company’s stock after acquiring an additional 55,960 shares during the period. Assetmark Inc. owned approximately 0.08% of First Trust Rising Dividend Achievers ETF worth $13,323,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 70.2% during the 1st quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after purchasing an additional 12,820 shares during the period. Signature Estate & Investment Advisors LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 1.2% during the second quarter. Signature Estate & Investment Advisors LLC now owns 22,631 shares of the company’s stock worth $1,420,000 after buying an additional 279 shares during the period. International Assets Investment Management LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 1.0% in the second quarter. International Assets Investment Management LLC now owns 117,819 shares of the company’s stock valued at $7,392,000 after buying an additional 1,153 shares in the last quarter. Liberty Square Wealth Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 30.9% in the second quarter. Liberty Square Wealth Partners LLC now owns 417,481 shares of the company’s stock valued at $26,193,000 after buying an additional 98,496 shares in the last quarter. Finally, Altus Wealth Group LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.6% in the 2nd quarter. Altus Wealth Group LLC now owns 21,606 shares of the company’s stock valued at $1,356,000 after buying an additional 337 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $71.86 on Monday. The stock has a market capitalization of $20.28 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The business has a 50-day moving average of $71.37 and a 200 day moving average of $68.18. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

First Trust Rising Dividend Achievers ETF 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.