First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Intrua Financial LLC

Intrua Financial LLC boosted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5.4% during the first quarter, Holdings Channel.com reports. The institutional investor owned 27,391 shares of the company’s stock after purchasing an additional 1,395 shares during the period. Intrua Financial LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $1,603,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. SVB Wealth LLC acquired a new stake in First Trust Rising Dividend Achievers ETF during the 1st quarter valued at approximately $29,000. Rise Advisors LLC acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 1st quarter valued at about $31,000. Atlantic Edge Private Wealth Management LLC raised its holdings in First Trust Rising Dividend Achievers ETF by 224.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 674 shares of the company’s stock worth $39,000 after purchasing an additional 466 shares during the period. Rossby Financial LCC purchased a new position in First Trust Rising Dividend Achievers ETF during the first quarter worth approximately $46,000. Finally, Fifth Third Bancorp grew its holdings in First Trust Rising Dividend Achievers ETF by 652.0% in the first quarter. Fifth Third Bancorp now owns 940 shares of the company’s stock valued at $55,000 after purchasing an additional 815 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

First Trust Rising Dividend Achievers ETF stock opened at $65.69 on Thursday. The stock has a market capitalization of $16.03 billion, a PE ratio of 15.46 and a beta of 1.15. The business has a 50 day simple moving average of $64.34 and a 200-day simple moving average of $60.81. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $66.61.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were paid a $0.1706 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%.

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.