First Trust Rising Dividend Achievers ETF $RDVY Holdings Lifted by Ballew Advisors Inc

Ballew Advisors Inc boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 16.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,866 shares of the company’s stock after buying an additional 10,134 shares during the period. First Trust Rising Dividend Achievers ETF makes up 2.8% of Ballew Advisors Inc’s investment portfolio, making the stock its 7th biggest holding. Ballew Advisors Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $5,772,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in RDVY. LPL Financial LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.5% in the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after buying an additional 2,907,770 shares during the last quarter. Arax Advisory Partners bought a new position in First Trust Rising Dividend Achievers ETF in the fourth quarter worth about $47,643,000. Elevation Point Wealth Partners LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 1,520.4% during the first quarter. Elevation Point Wealth Partners LLC now owns 722,842 shares of the company’s stock valued at $49,356,000 after purchasing an additional 678,232 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in shares of First Trust Rising Dividend Achievers ETF by 126.1% in the 4th quarter. Rockefeller Capital Management L.P. now owns 951,998 shares of the company’s stock worth $66,135,000 after buying an additional 530,990 shares during the period. Finally, Rise Advisors LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 5,883.8% during the fourth quarter. Rise Advisors LLC now owns 440,766 shares of the company’s stock valued at $30,620,000 after purchasing an additional 433,400 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 0.4%

NASDAQ:RDVY traded up $0.35 on Monday, reaching $79.56. 862,844 shares of the stock traded hands, compared to its average volume of 1,290,487. The company has a market capitalization of $25.28 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The company’s fifty day simple moving average is $81.19 and its 200 day simple moving average is $77.39. First Trust Rising Dividend Achievers ETF has a 12 month low of $64.97 and a 12 month high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.1521 dividend. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474. The ex-dividend date was Thursday, September 24th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 0.8%.

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.