International Assets Investment Management LLC Has $7.39 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

International Assets Investment Management LLC grew its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 117,819 shares of the company’s stock after buying an additional 1,153 shares during the period. International Assets Investment Management LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $7,392,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. WealthCare Investment Partners LLC increased its stake in shares of First Trust Rising Dividend Achievers ETF by 0.3% in the second quarter. WealthCare Investment Partners LLC now owns 59,562 shares of the company’s stock valued at $3,799,000 after buying an additional 161 shares during the period. Raleigh Capital Management Inc. grew its stake in First Trust Rising Dividend Achievers ETF by 34.2% during the second quarter. Raleigh Capital Management Inc. now owns 648 shares of the company’s stock worth $41,000 after purchasing an additional 165 shares during the period. Barrett & Company Inc. grew its stake in First Trust Rising Dividend Achievers ETF by 0.7% during the second quarter. Barrett & Company Inc. now owns 31,120 shares of the company’s stock worth $1,952,000 after purchasing an additional 206 shares during the period. Purus Wealth Management LLC grew its stake in First Trust Rising Dividend Achievers ETF by 0.4% during the first quarter. Purus Wealth Management LLC now owns 50,320 shares of the company’s stock worth $2,946,000 after purchasing an additional 207 shares during the period. Finally, Trueblood Wealth Management LLC grew its stake in First Trust Rising Dividend Achievers ETF by 1.7% during the second quarter. Trueblood Wealth Management LLC now owns 14,190 shares of the company’s stock worth $890,000 after purchasing an additional 231 shares during the period.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $66.11 on Friday. The business has a 50 day simple moving average of $66.14 and a 200 day simple moving average of $62.20. First Trust Rising Dividend Achievers ETF has a one year low of $50.27 and a one year high of $68.11. The stock has a market capitalization of $17.09 billion, a P/E ratio of 15.46 and a beta of 1.15.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were issued a $0.1487 dividend. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Thursday, September 25th.

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.