Legacy Capital Wealth Partners LLC Purchases Shares of 278,179 First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Legacy Capital Wealth Partners LLC acquired a new stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 278,179 shares of the company’s stock, valued at approximately $13,364,000. First Trust Rising Dividend Achievers ETF accounts for about 7.2% of Legacy Capital Wealth Partners LLC’s holdings, making the stock its 6th biggest position. Legacy Capital Wealth Partners LLC owned 0.26% of First Trust Rising Dividend Achievers ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Triumph Capital Management acquired a new position in First Trust Rising Dividend Achievers ETF in the 2nd quarter worth about $1,903,000. Commonwealth Equity Services LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 42.6% during the second quarter. Commonwealth Equity Services LLC now owns 1,160,504 shares of the company’s stock worth $55,750,000 after buying an additional 346,403 shares during the period. Morgan Stanley boosted its position in shares of First Trust Rising Dividend Achievers ETF by 64.0% during the first quarter. Morgan Stanley now owns 6,425,975 shares of the company’s stock worth $292,318,000 after buying an additional 2,506,572 shares during the period. Harvest Group Wealth Management LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 13.7% during the second quarter. Harvest Group Wealth Management LLC now owns 125,589 shares of the company’s stock worth $6,033,000 after buying an additional 15,125 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 57.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 1,244,420 shares of the company’s stock worth $59,782,000 after buying an additional 453,098 shares during the period.

Shares of RDVY traded up $0.84 during midday trading on Thursday, hitting $49.28. 13,306 shares of the stock were exchanged, compared to its average volume of 842,445. First Trust Rising Dividend Achievers ETF has a 52-week low of $31.79 and a 52-week high of $50.05. The stock has a fifty day simple moving average of $48.71 and a 200 day simple moving average of $48.13.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 30th. Stockholders of record on Friday, September 24th were paid a $0.131 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.06%. The ex-dividend date was Thursday, September 23rd.

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Institutional Ownership by Quarter for First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

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