First Trust Rising Dividend Achievers ETF $RDVY Shares Bought by Mariner LLC

Mariner LLC increased its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 0.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,050,247 shares of the company’s stock after buying an additional 8,622 shares during the period. Mariner LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $72,961,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Perspectives Inc acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $26,000. Huntington National Bank grew its stake in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% during the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock worth $26,000 after purchasing an additional 370 shares during the period. Trust Co. of Vermont acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $27,000. United Community Bank acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $28,000. Finally, Lloyd Advisory Services LLC. acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the 4th quarter worth approximately $36,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of NASDAQ RDVY opened at $79.38 on Tuesday. The stock has a market capitalization of $23.32 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01. First Trust Rising Dividend Achievers ETF has a 12 month low of $60.30 and a 12 month high of $79.88. The firm’s 50 day simple moving average is $74.52 and its 200-day simple moving average is $72.03.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.9%.

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.