First Trust Rising Dividend Achievers ETF $RDVY Stock Holdings Increased by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 12.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 132,023 shares of the company’s stock after purchasing an additional 14,554 shares during the quarter. International Assets Investment Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $9,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. First Horizon Corp purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth approximately $25,000. Financial Perspectives Inc purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $26,000. Trust Co. of Vermont purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $27,000. United Community Bank purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $28,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth approximately $28,000.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $74.36 on Friday. The company has a 50 day simple moving average of $71.35 and a 200-day simple moving average of $70.45. The firm has a market capitalization of $21.84 billion, a price-to-earnings ratio of 15.46 and a beta of 1.02. First Trust Rising Dividend Achievers ETF has a 52-week low of $58.58 and a 52-week high of $75.75.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.1813 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a yield of 1.0%.

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.