City Holding Co. Boosts Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

City Holding Co. raised its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 163,516 shares of the company’s stock after purchasing an additional 14,097 shares during the period. First Trust Rising Dividend Achievers ETF accounts for approximately 1.5% of City Holding Co.’s portfolio, making the stock its 12th largest holding. City Holding Co.’s holdings in First Trust Rising Dividend Achievers ETF were worth $13,254,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. LPL Financial LLC lifted its position in shares of First Trust Rising Dividend Achievers ETF by 10.5% during the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock valued at $2,119,121,000 after buying an additional 2,907,770 shares during the last quarter. Wells Fargo & Company MN increased its holdings in First Trust Rising Dividend Achievers ETF by 10.6% in the 4th quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock worth $783,359,000 after acquiring an additional 1,076,558 shares during the last quarter. Ameriprise Financial Inc. raised its stake in First Trust Rising Dividend Achievers ETF by 15.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after acquiring an additional 957,587 shares during the period. Morgan Stanley raised its stake in First Trust Rising Dividend Achievers ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock valued at $1,400,025,000 after acquiring an additional 940,590 shares during the period. Finally, Arax Advisory Partners purchased a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at about $47,643,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.2%

Shares of NASDAQ:RDVY opened at $83.13 on Tuesday. The firm has a market capitalization of $25.50 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a twelve month low of $63.85 and a twelve month high of $83.99. The company has a 50-day moving average price of $79.67 and a two-hundred day moving average price of $74.86.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.1474 per share. 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.