First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 40.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,581 shares of the company’s stock after buying an additional 11,098 shares during the period. Cary Street Partners Financial LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,595,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. First Horizon Corp acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth about $25,000. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at about $28,000. Mather Group LLC. purchased a new position in First Trust Rising Dividend Achievers ETF during the 3rd quarter worth approximately $31,000. Quaker Wealth Management LLC increased its position in First Trust Rising Dividend Achievers ETF by 200.2% during the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock worth $36,000 after buying an additional 1,135 shares during the period. Finally, Collier Financial purchased a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $41,000.

First Trust Rising Dividend Achievers ETF Trading Up 0.2%

Shares of RDVY opened at $73.19 on Friday. The company’s 50 day simple moving average is $71.87 and its 200-day simple moving average is $68.68. The firm has a market cap of $20.65 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $73.54.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a dividend of $0.1996 per share. This represents a $0.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th. 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.