First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) Reaches New 52-Week High – Should You Buy?

Posted by Michael Walen on Jun 9th, 2026

First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $77.48 and last traded at $77.47, with a volume of 172731 shares traded. The stock had previously closed at $76.03.

First Trust Rising Dividend Achievers ETF Stock Performance

The business’s 50 day moving average price is $73.54 and its two-hundred day moving average price is $71.64. The company has a market capitalization of $22.34 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a dividend of $0.1813 per share. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.73 annualized dividend and a yield of 1.0%.

Institutional Trading of First Trust Rising Dividend Achievers ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Financial Perspectives Inc acquired a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $26,000. Huntington National Bank lifted its stake in First Trust Rising Dividend Achievers ETF by 37,000.0% during the fourth quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after purchasing an additional 370 shares during the last quarter. Trust Co. of Vermont acquired a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $27,000. United Community Bank acquired a new stake in First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $28,000. Finally, Bessemer Group Inc. acquired a new stake in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $29,000.

About First Trust Rising Dividend Achievers ETF

(Get Free Report)

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.