First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Uniting Wealth Partners LLC

Uniting Wealth Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1,567.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 218,970 shares of the company’s stock after purchasing an additional 205,837 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 3.5% of Uniting Wealth Partners LLC’s portfolio, making the stock its 3rd biggest holding. Uniting Wealth Partners LLC owned about 0.08% of First Trust Rising Dividend Achievers ETF worth $14,728,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in RDVY. AQR Capital Management LLC increased its holdings in First Trust Rising Dividend Achievers ETF by 70.2% during the first quarter. AQR Capital Management LLC now owns 31,071 shares of the company’s stock worth $1,819,000 after buying an additional 12,820 shares during the last quarter. Huntleigh Advisors Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 17.6% in the 2nd quarter. Huntleigh Advisors Inc. now owns 108,475 shares of the company’s stock valued at $6,806,000 after acquiring an additional 16,221 shares during the period. Koshinski Asset Management Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.3% in the 2nd quarter. Koshinski Asset Management Inc. now owns 545,512 shares of the company’s stock valued at $34,225,000 after purchasing an additional 12,233 shares during the period. Signature Estate & Investment Advisors LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 1.2% in the 2nd quarter. Signature Estate & Investment Advisors LLC now owns 22,631 shares of the company’s stock valued at $1,420,000 after purchasing an additional 279 shares during the period. Finally, International Assets Investment Management LLC lifted its stake in First Trust Rising Dividend Achievers ETF by 1.0% in the 2nd quarter. International Assets Investment Management LLC now owns 117,819 shares of the company’s stock valued at $7,392,000 after purchasing an additional 1,153 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Up 0.7%

Shares of NASDAQ RDVY opened at $71.86 on Friday. The business’s 50 day moving average price is $71.37 and its two-hundred day moving average price is $68.15. The company has a market cap of $20.28 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a twelve month low of $50.27 and a twelve month high of $73.43.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a dividend of $0.1996 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, December 12th. This is a boost 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.