Citizens Financial Group Inc. RI Has $469,000 Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Citizens Financial Group Inc. RI decreased its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 23.3% in the second quarter, Holdings Channel.com reports. The firm owned 7,481 shares of the company’s stock after selling 2,273 shares during the period. Citizens Financial Group Inc. RI’s holdings in First Trust Rising Dividend Achievers ETF were worth $469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Farmers & Merchants Investments Inc. acquired a new position in First Trust Rising Dividend Achievers ETF in the 2nd quarter worth about $26,000. Compass Financial Services Inc bought a new stake in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter valued at approximately $26,000. SVB Wealth LLC acquired a new position in First Trust Rising Dividend Achievers ETF in the first quarter worth approximately $29,000. Rise Advisors LLC acquired a new position in First Trust Rising Dividend Achievers ETF in the first quarter worth approximately $31,000. Finally, Private Wealth Asset Management LLC raised its position in First Trust Rising Dividend Achievers ETF by 201.1% during the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after acquiring an additional 352 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 0.3%

NASDAQ RDVY opened at $65.64 on Wednesday. The stock has a market capitalization of $17.15 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $68.49. The company has a 50 day moving average price of $66.99 and a two-hundred day moving average price of $64.18.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.1487 dividend. This represents a $0.59 annualized dividend and a dividend 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.