Balefire LLC Purchases 9,594 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Balefire LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 32.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,521 shares of the company’s stock after purchasing an additional 9,594 shares during the period. Balefire LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,746,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of RDVY. Howard Financial Services LTD. grew its position in shares of First Trust Rising Dividend Achievers ETF by 6.3% during the 4th quarter. Howard Financial Services LTD. now owns 243,410 shares of the company’s stock worth $16,910,000 after buying an additional 14,444 shares during the period. DAVENPORT & Co LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 15.4% in the fourth quarter. DAVENPORT & Co LLC now owns 147,945 shares of the company’s stock valued at $10,278,000 after buying an additional 19,793 shares during the period. Certified Advisory Corp lifted its holdings in First Trust Rising Dividend Achievers ETF by 14.0% in the fourth quarter. Certified Advisory Corp now owns 100,182 shares of the company’s stock valued at $6,960,000 after buying an additional 12,278 shares during the period. Kaydan Wealth Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 1.5% in the fourth quarter. Kaydan Wealth Management Inc. now owns 19,152 shares of the company’s stock valued at $1,330,000 after acquiring an additional 275 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its holdings in First Trust Rising Dividend Achievers ETF by 13.3% during the 4th quarter. Daymark Wealth Partners LLC now owns 235,935 shares of the company’s stock worth $16,390,000 after acquiring an additional 27,607 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $69.27 on Wednesday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.54. The stock has a market capitalization of $19.54 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The firm has a fifty day moving average of $71.47 and a two-hundred day moving average of $69.29.

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.