Lion Street Advisors LLC Has $837,000 Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Lion Street Advisors LLC decreased its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 58.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,444 shares of the company’s stock after selling 17,723 shares during the quarter. Lion Street Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $837,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Ashton Thomas Private Wealth LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 27.6% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 34,134 shares of the company’s stock valued at $2,296,000 after acquiring an additional 7,379 shares in the last quarter. Atria Investments Inc grew its holdings in First Trust Rising Dividend Achievers ETF by 7.1% in the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock worth $13,010,000 after purchasing an additional 12,843 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its holdings in First Trust Rising Dividend Achievers ETF by 15.9% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock worth $5,381,000 after purchasing an additional 11,000 shares during the period. BankPlus Wealth Management LLC increased its stake in First Trust Rising Dividend Achievers ETF by 35.6% in the third quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock valued at $2,529,000 after purchasing an additional 9,866 shares in the last quarter. Finally, Forefront Wealth Partners LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the third quarter valued at about $2,859,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY opened at $73.12 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $73.43. The company has a market cap of $20.63 billion, a PE ratio of 15.46 and a beta of 1.10. The stock has a 50-day moving average of $71.64 and a 200-day moving average of $68.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a dividend of $0.1996 per share. 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%. The ex-dividend date was Friday, December 12th.

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.