Wealthcare Advisory Partners LLC Acquires 14,899 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Wealthcare Advisory Partners LLC grew its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 12.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 134,722 shares of the company’s stock after buying an additional 14,899 shares during the quarter. Wealthcare Advisory Partners LLC owned approximately 0.05% of First Trust Rising Dividend Achievers ETF worth $9,061,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. First Horizon Corp bought a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $28,000. Mather Group LLC. bought a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $31,000. Quaker Wealth Management LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 200.2% during the 2nd quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock worth $36,000 after buying an additional 1,135 shares in the last quarter. Finally, Collier Financial bought a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter valued at $41,000.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ RDVY opened at $71.86 on Tuesday. The stock has a market capitalization of $20.28 billion, a P/E ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.43. The stock has a fifty day moving average of $71.42 and a 200-day moving average of $68.24.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.