First Trust Rising Dividend Achievers ETF $RDVY Stock Holdings Raised by Next Level Private LLC

Next Level Private LLC increased its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 10.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 362,555 shares of the company’s stock after acquiring an additional 33,919 shares during the period. First Trust Rising Dividend Achievers ETF comprises 5.6% of Next Level Private LLC’s portfolio, making the stock its 2nd biggest position. Next Level Private LLC owned about 0.12% of First Trust Rising Dividend Achievers ETF worth $24,755,000 as of its most recent SEC filing.

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

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $79.29 on Monday. The company has a market capitalization of $23.29 billion, a P/E ratio of 15.46 and a beta of 1.01. The company’s 50-day simple moving average is $75.87 and its two-hundred day simple moving average is $72.70. First Trust Rising Dividend Achievers ETF has a one year low of $61.84 and a one year high of $80.28.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be paid a $0.1474 dividend. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.59 annualized dividend and a yield of 0.7%.

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.