First Trust Rising Dividend Achievers ETF $RDVY Holdings Increased by GSG Advisors LLC

GSG Advisors LLC lifted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 189,055 shares of the company’s stock after purchasing an additional 11,853 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for about 3.4% of GSG Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. GSG Advisors LLC owned 0.06% of First Trust Rising Dividend Achievers ETF worth $12,909,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 70.2% in the 1st quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after buying an additional 12,820 shares in the last quarter. First Trust Advisors LP lifted its stake in First Trust Rising Dividend Achievers ETF by 104.0% during the 2nd quarter. First Trust Advisors LP now owns 23,934 shares of the company’s stock valued at $1,502,000 after acquiring an additional 12,204 shares during the period. Cerity Partners LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 38.1% during the 2nd quarter. Cerity Partners LLC now owns 5,657 shares of the company’s stock valued at $355,000 after acquiring an additional 1,561 shares during the period. Betterment LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 19.4% during the 2nd quarter. Betterment LLC now owns 48,475 shares of the company’s stock valued at $3,041,000 after acquiring an additional 7,892 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter valued at about $1,433,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.5%

Shares of RDVY stock opened at $80.03 on Thursday. The company has a 50 day moving average price of $77.91 and a 200-day moving average price of $73.98. First Trust Rising Dividend Achievers ETF has a 52 week low of $62.02 and a 52 week high of $81.36. The firm has a market capitalization of $24.39 billion, a PE ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 annualized dividend and a yield of 0.7%.

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.