Sigma Planning Corp Has $15.87 Million Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Sigma Planning Corp lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 32.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 236,005 shares of the company’s stock after purchasing an additional 58,171 shares during the quarter. Sigma Planning Corp owned approximately 0.09% of First Trust Rising Dividend Achievers ETF worth $15,874,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Raymond James Financial Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 1.8% during the second quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock worth $702,780,000 after buying an additional 198,938 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after acquiring an additional 957,587 shares during the period. Bank of America Corp DE boosted its position in shares of First Trust Rising Dividend Achievers ETF by 4.1% during the 2nd quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock valued at $410,135,000 after acquiring an additional 258,172 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 13.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock valued at $329,979,000 after acquiring an additional 577,318 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in First Trust Rising Dividend Achievers ETF by 6.8% in the second quarter. Osaic Holdings Inc. now owns 3,240,145 shares of the company’s stock valued at $203,194,000 after acquiring an additional 205,514 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 1.1%

NASDAQ:RDVY opened at $73.12 on Friday. The firm has a market capitalization of $20.63 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 $73.43. The firm has a 50-day moving average price of $71.64 and a 200 day moving average price of $68.46.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.1996 per share. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, December 12th. This represents a $0.80 annualized dividend and a dividend yield of 1.1%.

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.