First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Short Interest Down 13.9% in February

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 197,978 shares, a decrease of 13.9% from the February 12th total of 229,870 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,185,631 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 1,185,631 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On First Trust Rising Dividend Achievers ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC raised its position in 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 worth $2,296,000 after purchasing an additional 7,379 shares during the period. Atria Investments Inc boosted its position in First Trust Rising Dividend Achievers ETF by 7.1% during the third quarter. Atria Investments Inc now owns 193,425 shares of the company’s stock valued at $13,010,000 after buying an additional 12,843 shares during the period. Cozad Asset Management Inc. boosted its position in First Trust Rising Dividend Achievers ETF by 9.3% during the third quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock valued at $7,272,000 after buying an additional 9,181 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of First Trust Rising Dividend Achievers ETF by 15.9% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 80,000 shares of the company’s stock valued at $5,381,000 after buying an additional 11,000 shares during the last quarter. Finally, BankPlus Wealth Management LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 35.6% during the third quarter. BankPlus Wealth Management LLC now owns 37,597 shares of the company’s stock valued at $2,529,000 after buying an additional 9,866 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 1.1%

First Trust Rising Dividend Achievers ETF stock opened at $68.73 on Thursday. First Trust Rising Dividend Achievers ETF has a 1-year low of $50.27 and a 1-year high of $73.54. The firm has a market capitalization of $19.39 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10. The firm has a 50 day simple moving average of $71.74 and a 200 day simple moving average of $69.18.

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.