First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC raised its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 26.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 204,867 shares of the company’s stock after buying an additional 43,459 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 2.0% of Walkner Condon Financial Advisors LLC’s portfolio, making the stock its 14th biggest holding. Walkner Condon Financial Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $14,232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of RDVY. First Horizon Corp purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at approximately $25,000. Trust Co. of Vermont purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $27,000. Cullen Frost Bankers Inc. acquired a new stake in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at approximately $28,000. Mather Group LLC. purchased a new stake in First Trust Rising Dividend Achievers ETF in the third quarter valued at approximately $31,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in First Trust Rising Dividend Achievers ETF during the third quarter worth $38,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of NASDAQ RDVY opened at $68.89 on Monday. The stock has a market capitalization of $20.02 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 $73.54. The stock has a fifty day simple moving average of $70.81 and a 200-day simple moving average of $69.40.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a dividend of $0.1813 per share. This represents a $0.73 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, March 26th.

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.