First Trust Rising Dividend Achievers ETF $RDVY Position Raised by Insight Inv LLC

Insight Inv LLC raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,954 shares of the company’s stock after purchasing an additional 1,100 shares during the period. First Trust Rising Dividend Achievers ETF accounts for 3.2% of Insight Inv LLC’s investment portfolio, making the stock its 3rd largest holding. Insight Inv LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $4,765,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of RDVY. LPL Financial LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 11.2% in the 1st quarter. LPL Financial LLC now owns 23,686,574 shares of the company’s stock valued at $1,386,612,000 after purchasing an additional 2,379,430 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of First Trust Rising Dividend Achievers ETF by 9.7% in the 1st quarter. Raymond James Financial Inc. now owns 11,002,535 shares of the company’s stock valued at $644,088,000 after purchasing an additional 971,388 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 91.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,274,557 shares of the company’s stock valued at $74,613,000 after purchasing an additional 607,354 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of First Trust Rising Dividend Achievers ETF by 7.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 6,074,450 shares of the company’s stock valued at $355,598,000 after purchasing an additional 434,447 shares during the last quarter. Finally, Truist Financial Corp increased its position in shares of First Trust Rising Dividend Achievers ETF by 44.3% in the 2nd quarter. Truist Financial Corp now owns 1,403,926 shares of the company’s stock valued at $88,082,000 after purchasing an additional 430,935 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 0.1%

Shares of 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 company’s 50 day moving average is $65.77 and its two-hundred day moving average is $61.84. The company has a market cap of $17.26 billion, a PE ratio of 15.46 and a beta of 1.15.

First Trust Rising Dividend Achievers ETF Cuts Dividend

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

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.