First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Howard Financial Services LTD.

Howard Financial Services LTD. lifted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 4.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 299,667 shares of the company’s stock after purchasing an additional 11,563 shares during the period. First Trust Rising Dividend Achievers ETF comprises 2.4% of Howard Financial Services LTD.’s holdings, making the stock its 13th biggest holding. Howard Financial Services LTD. owned about 0.10% of First Trust Rising Dividend Achievers ETF worth $24,291,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Huntington National Bank lifted its stake in First Trust Rising Dividend Achievers ETF by 37,000.0% during the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after purchasing an additional 370 shares during the last quarter. Financial Perspectives Inc bought a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter worth approximately $26,000. United Community Bank acquired a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth approximately $28,000. Bessemer Group Inc. acquired a new position in First Trust Rising Dividend Achievers ETF in the first quarter worth approximately $29,000. Finally, Anchor Investment Management LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF in the first quarter valued at $34,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ RDVY opened at $83.20 on Wednesday. First Trust Rising Dividend Achievers ETF has a 1 year low of $63.12 and a 1 year high of $83.35. The business’s fifty day moving average is $79.04 and its two-hundred day moving average is $74.55. The stock has a market capitalization of $25.48 billion, a P/E 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. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, June 25th.

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.