Liberty Square Wealth Partners LLC Boosts Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

Liberty Square Wealth Partners LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 30.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 736,020 shares of the company’s stock after buying an additional 171,517 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up 14.6% of Liberty Square Wealth Partners LLC’s holdings, making the stock its largest holding. Liberty Square Wealth Partners LLC owned about 0.26% of First Trust Rising Dividend Achievers ETF worth $51,131,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Balefire LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 32.1% during the 4th quarter. Balefire LLC now owns 39,521 shares of the company’s stock worth $2,746,000 after purchasing an additional 9,594 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 27.6% during 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 last quarter. Atria Investments Inc boosted its stake in First Trust Rising Dividend Achievers ETF by 7.1% during the 3rd 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 last quarter. Cozad Asset Management Inc. boosted its stake in First Trust Rising Dividend Achievers ETF by 9.3% during the 3rd quarter. Cozad Asset Management Inc. now owns 108,125 shares of the company’s stock worth $7,272,000 after purchasing an additional 9,181 shares during the last quarter. Finally, Genesis Private Wealth LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 7.1% during the 4th quarter. Genesis Private Wealth LLC now owns 112,076 shares of the company’s stock worth $7,786,000 after purchasing an additional 7,444 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 1.8%

Shares of RDVY opened at $75.55 on Friday. First Trust Rising Dividend Achievers ETF has a 52-week low of $60.30 and a 52-week high of $77.12. The firm’s fifty day moving average is $73.38 and its two-hundred day moving average is $71.52. The stock has a market cap of $22.19 billion, a PE ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.1813 per share. This represents a $0.73 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 26th.

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.