Castle Rock Wealth Management LLC Buys 292 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Castle Rock Wealth Management LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,049 shares of the company’s stock after acquiring an additional 292 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $383,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp increased its position in First Trust Rising Dividend Achievers ETF by 440.8% during the first quarter. Bank of New York Mellon Corp now owns 27,683 shares of the company’s stock worth $1,621,000 after acquiring an additional 22,564 shares during the period. Assetmark Inc. increased its position in First Trust Rising Dividend Achievers ETF by 772.8% during the first quarter. Assetmark Inc. now owns 64,832 shares of the company’s stock worth $3,795,000 after acquiring an additional 57,404 shares during the period. Fifth Third Bancorp increased its position in First Trust Rising Dividend Achievers ETF by 652.0% during the first quarter. Fifth Third Bancorp now owns 940 shares of the company’s stock worth $55,000 after acquiring an additional 815 shares during the period. Arkadios Wealth Advisors increased its position in First Trust Rising Dividend Achievers ETF by 69.9% during the first quarter. Arkadios Wealth Advisors now owns 207,911 shares of the company’s stock worth $12,171,000 after acquiring an additional 85,516 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its position in First Trust Rising Dividend Achievers ETF by 44.9% during the first quarter. Dynamic Advisor Solutions LLC now owns 6,890 shares of the company’s stock worth $403,000 after acquiring an additional 2,136 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $67.28 on Thursday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $68.11. The firm has a market cap of $17.26 billion, a price-to-earnings ratio of 15.46 and a beta of 1.15. The firm’s 50-day simple moving average is $65.77 and its 200 day simple moving average is $61.84.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were issued a $0.1487 dividend. This represents a $0.59 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, September 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.