First Trust Rising Dividend Achievers ETF $RDVY Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors reduced its position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 54.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,298 shares of the company’s stock after selling 11,010 shares during the period. Atlas Private Wealth Advisors’ holdings in First Trust Rising Dividend Achievers ETF were worth $625,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Cornerstone Wealth Management LLC grew its stake in First Trust Rising Dividend Achievers ETF by 5.1% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 164,078 shares of the company’s stock valued at $11,036,000 after acquiring an additional 7,913 shares in the last quarter. Cahill Financial Advisors Inc. grew its position in First Trust Rising Dividend Achievers ETF by 5.7% in the third quarter. Cahill Financial Advisors Inc. now owns 16,328 shares of the company’s stock worth $1,098,000 after acquiring an additional 875 shares during the period. Impact Partnership Wealth LLC purchased a new position in shares of First Trust Rising Dividend Achievers ETF during the 3rd quarter worth $228,000. Ritter Daniher Financial Advisory LLC DE purchased a new position in First Trust Rising Dividend Achievers ETF during the third quarter worth about $6,850,000. Finally, Foundations Investment Advisors LLC lifted its holdings in shares of First Trust Rising Dividend Achievers ETF by 15.0% in the 3rd quarter. Foundations Investment Advisors LLC now owns 319,101 shares of the company’s stock worth $21,463,000 after acquiring an additional 41,511 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Stock Down 1.3%

RDVY opened at $72.27 on Friday. The business has a fifty day simple moving average of $70.57 and a 200-day simple moving average of $67.50. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $73.43. The firm has a market cap of $20.33 billion, a P/E ratio of 15.46 and a beta of 1.10.

First Trust Rising Dividend Achievers ETF Increases Dividend

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