First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 70.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,222 shares of the company’s stock after purchasing an additional 67,446 shares during the quarter. Vise Technologies Inc. owned 0.06% of First Trust Rising Dividend Achievers ETF worth $11,339,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RDVY. Ameriprise Financial Inc. increased its position in First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock worth $442,526,000 after purchasing an additional 957,587 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in First Trust Rising Dividend Achievers ETF by 74.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock worth $114,816,000 after acquiring an additional 725,742 shares during the period. UBS Group AG boosted its holdings in First Trust Rising Dividend Achievers ETF by 12.2% in the 3rd quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock worth $386,090,000 after acquiring an additional 624,936 shares during the period. Envestnet Asset Management Inc. boosted its holdings in First Trust Rising Dividend Achievers ETF by 13.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock worth $329,979,000 after acquiring an additional 577,318 shares during the period. Finally, Prudential PLC purchased a new position in First Trust Rising Dividend Achievers ETF in the 3rd quarter worth approximately $32,762,000.

First Trust Rising Dividend Achievers ETF Stock Up 1.1%

NASDAQ RDVY opened at $76.95 on Friday. The stock has a market cap of $22.60 billion, a PE ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $60.30 and a fifty-two week high of $77.12. The business has a 50 day moving average price of $73.25 and a two-hundred day moving average price of $71.50.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.1813 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, March 26th.

First Trust Rising Dividend Achievers ETF 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.