First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 6.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 512,774 shares of the company’s stock after purchasing an additional 31,261 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.20% of First Trust Rising Dividend Achievers ETF worth $34,489,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.8% during the second quarter. Raymond James Financial Inc. now owns 11,201,473 shares of the company’s stock worth $702,780,000 after purchasing an additional 198,938 shares during the period. Ameriprise Financial Inc. raised its position in First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after buying an additional 957,587 shares during the last quarter. Bank of America Corp DE lifted its stake in First Trust Rising Dividend Achievers ETF by 4.1% during the 2nd quarter. Bank of America Corp DE now owns 6,537,057 shares of the company’s stock valued at $410,135,000 after acquiring an additional 258,172 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of First Trust Rising Dividend Achievers ETF by 13.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock worth $329,979,000 after acquiring an additional 577,318 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 6.8% during the second quarter. Osaic Holdings Inc. now owns 3,240,145 shares of the company’s stock worth $203,194,000 after purchasing an additional 205,514 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY opened at $72.61 on Wednesday. The business’s 50-day moving average is $71.20 and its two-hundred day moving average is $68.01. The company has a market capitalization of $20.49 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.1996 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.