NBT Bank N A NY Has $840,000 Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

NBT Bank N A NY boosted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 8,755.4% in the first quarter, Holdings Channel reports. The firm owned 12,309 shares of the company’s stock after purchasing an additional 12,170 shares during the quarter. NBT Bank N A NY’s holdings in First Trust Rising Dividend Achievers ETF were worth $840,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Beacon Financial Advisory LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF by 67.2% during the 1st quarter. Beacon Financial Advisory LLC now owns 31,179 shares of the company’s stock worth $2,129,000 after buying an additional 12,534 shares during the period. QRG Capital Management Inc. grew its position in First Trust Rising Dividend Achievers ETF by 8.6% in the first quarter. QRG Capital Management Inc. now owns 5,191 shares of the company’s stock valued at $354,000 after acquiring an additional 410 shares during the period. Apeiron RIA LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the first quarter worth $827,000. PFG Investments LLC raised its stake in First Trust Rising Dividend Achievers ETF by 18.4% during the first quarter. PFG Investments LLC now owns 8,468 shares of the company’s stock worth $578,000 after acquiring an additional 1,315 shares in the last quarter. Finally, Baer Investment Advisory LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF during the first quarter valued at $1,210,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ:RDVY opened at $80.14 on Monday. The company’s fifty day moving average is $76.49 and its 200-day moving average is $73.07. First Trust Rising Dividend Achievers ETF has a 52 week low of $61.84 and a 52 week high of $81.36. The company has a market capitalization of $24.20 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%.

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.