IFP Advisors Inc Sells 51,349 Shares of First Trust Rising Dividend Achievers ETF $RDVY

IFP Advisors Inc lowered its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 35.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,181 shares of the company’s stock after selling 51,349 shares during the period. IFP Advisors Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,200,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the third quarter worth about $147,000. TD Capital Management LLC raised its stake in First Trust Rising Dividend Achievers ETF by 9.3% in the third quarter. TD Capital Management LLC now owns 18,249 shares of the company’s stock valued at $1,227,000 after purchasing an additional 1,548 shares in the last quarter. CIBC Private Wealth Group LLC raised its stake in First Trust Rising Dividend Achievers ETF by 6.6% in the third quarter. CIBC Private Wealth Group LLC now owns 4,628 shares of the company’s stock valued at $311,000 after purchasing an additional 287 shares in the last quarter. Petix & Botte Co lifted its position in First Trust Rising Dividend Achievers ETF by 13.8% during the third quarter. Petix & Botte Co now owns 139,349 shares of the company’s stock valued at $9,373,000 after purchasing an additional 16,903 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new stake in First Trust Rising Dividend Achievers ETF during the third quarter valued at approximately $311,000.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY stock opened at $68.97 on Friday. The firm has a 50 day simple moving average of $71.68 and a two-hundred day simple moving average of $69.18. The stock has a market cap of $19.46 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $73.54.

First Trust Rising Dividend Achievers ETF 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.