Walkner Condon Financial Advisors LLC Purchases 16,821 Shares of First Trust Rising Dividend Achievers ETF $RDVY

Walkner Condon Financial Advisors LLC boosted its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 11.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 161,408 shares of the company’s stock after acquiring an additional 16,821 shares during the quarter. First Trust Rising Dividend Achievers ETF accounts for approximately 1.7% of Walkner Condon Financial Advisors LLC’s holdings, making the stock its 14th largest position. Walkner Condon Financial Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $10,852,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. First Horizon Corp purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter worth $25,000. Farmers & Merchants Investments Inc. purchased a new stake in First Trust Rising Dividend Achievers ETF in the second quarter worth approximately $26,000. Mather Group LLC. purchased a new stake in First Trust Rising Dividend Achievers ETF during the 3rd quarter valued at $31,000. Private Wealth Asset Management LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 201.1% during the 2nd quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after buying an additional 352 shares during the period. Finally, Quaker Wealth Management LLC grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 200.2% in the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock worth $36,000 after acquiring an additional 1,135 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

RDVY stock opened at $72.61 on Friday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $50.27 and a fifty-two week high of $73.11. The business’s 50-day moving average is $69.44 and its two-hundred day moving average is $66.90. The company has a market cap of $20.21 billion, a price-to-earnings ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.