11,924 First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Rise Advisors LLC

Rise Advisors LLC raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 502,526 shares of the company’s stock after buying an additional 11,924 shares during the period. First Trust Rising Dividend Achievers ETF accounts for about 11.1% of Rise Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Rise Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $39,343,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RDVY. James T. Borello RIA increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 24.5% during the third quarter. James T. Borello RIA now owns 138,256 shares of the company’s stock worth $10,824,000 after buying an additional 27,202 shares in the last quarter. Cyndeo Wealth Partners LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF by 78.2% in the third quarter. Cyndeo Wealth Partners LLC now owns 15,195 shares of the company’s stock valued at $1,190,000 after acquiring an additional 6,670 shares during the last quarter. Ellsworth Advisors LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 3.0% in the 3rd quarter. Ellsworth Advisors LLC now owns 27,142 shares of the company’s stock worth $2,125,000 after acquiring an additional 789 shares in the last quarter. Iams Wealth Management LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.5% in the 3rd quarter. Iams Wealth Management LLC now owns 96,649 shares of the company’s stock worth $7,567,000 after acquiring an additional 9,164 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.2% in the 3rd quarter. AdvisorNet Financial Inc now owns 30,140 shares of the company’s stock worth $2,379,000 after acquiring an additional 362 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.5%

NASDAQ RDVY traded down $0.36 during trading hours on Friday, reaching $79.37. 1,131,228 shares of the company’s stock were exchanged, compared to its average volume of 1,282,374. The stock has a market cap of $25.41 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a one year low of $64.99 and a one year high of $84.02. The firm has a fifty day moving average of $80.71 and a 200-day moving average of $78.09.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.1521 per share. The ex-dividend date was Thursday, September 24th. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. This represents a $0.61 annualized dividend and a dividend yield of 0.8%.

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.