First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) is ORG Partners LLC’s 3rd Largest Position

ORG Partners LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 16.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 234,451 shares of the company’s stock after acquiring an additional 32,331 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 3.4% of ORG Partners LLC’s investment portfolio, making the stock its 3rd biggest holding. ORG Partners LLC owned 0.10% of First Trust Rising Dividend Achievers ETF worth $13,783,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Cullen Frost Bankers Inc. bought a new position in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $25,000. Summit Investment Advisors Inc. raised its stake in First Trust Rising Dividend Achievers ETF by 195.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 443 shares of the company’s stock valued at $26,000 after buying an additional 293 shares during the last quarter. Graney & King LLC bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $27,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter valued at $38,000. Finally, O Shaughnessy Asset Management LLC boosted its stake in shares of First Trust Rising Dividend Achievers ETF by 169.0% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 901 shares of the company’s stock worth $53,000 after buying an additional 566 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY opened at $60.67 on Friday. The firm has a market capitalization of $14.43 billion, a P/E ratio of 14.82 and a beta of 1.09. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $64.63. The business has a fifty day moving average of $58.95 and a 200 day moving average of $59.77.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.2544 dividend. This represents a $1.02 annualized dividend and a yield of 1.68%. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, March 27th.

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.