First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Advisortrust Partners LLC

Advisortrust Partners LLC grew its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 227.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,510 shares of the company’s stock after acquiring an additional 7,296 shares during the quarter. Advisortrust Partners LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC raised its stake in First Trust Rising Dividend Achievers ETF by 70.2% during the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after acquiring an additional 12,820 shares during the period. First Trust Advisors LP boosted its position in shares of First Trust Rising Dividend Achievers ETF by 104.0% during the second quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock worth $1,502,000 after buying an additional 12,204 shares during the period. Cerity Partners LLC grew its holdings in First Trust Rising Dividend Achievers ETF by 38.1% in the 2nd quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock worth $355,000 after buying an additional 1,561 shares in the last quarter. Betterment LLC increased its position in First Trust Rising Dividend Achievers ETF by 19.4% in the 2nd quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after acquiring an additional 7,892 shares during the period. Finally, Darwin Wealth Management LLC bought a new stake in First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at $1,433,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY stock opened at $80.00 on Friday. First Trust Rising Dividend Achievers ETF has a 1 year low of $62.02 and a 1 year high of $81.36. The stock has a fifty day moving average of $77.55 and a two-hundred day moving average of $73.74. The firm has a market capitalization of $24.31 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 annualized dividend and a dividend yield of 0.7%.

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.