First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Liberty Square Wealth Partners LLC

Liberty Square Wealth Partners LLC grew its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 805,324 shares of the company’s stock after acquiring an additional 69,304 shares during the period. First Trust Rising Dividend Achievers ETF comprises 15.3% of Liberty Square Wealth Partners LLC’s investment portfolio, making the stock its biggest holding. Liberty Square Wealth Partners LLC owned approximately 0.27% of First Trust Rising Dividend Achievers ETF worth $54,987,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of First Trust Rising Dividend Achievers ETF by 10.5% during the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock worth $2,119,121,000 after purchasing an additional 2,907,770 shares during the period. Wells Fargo & Company MN raised its position in First Trust Rising Dividend Achievers ETF by 10.6% in the fourth quarter. Wells Fargo & Company MN now owns 11,276,215 shares of the company’s stock valued at $783,359,000 after purchasing an additional 1,076,558 shares during the period. Ameriprise Financial Inc. raised its position in First Trust Rising Dividend Achievers ETF by 15.7% in the second quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after purchasing an additional 957,587 shares during the period. Morgan Stanley lifted its stake in First Trust Rising Dividend Achievers ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 20,152,942 shares of the company’s stock worth $1,400,025,000 after purchasing an additional 940,590 shares in the last quarter. Finally, Arax Advisory Partners acquired a new position in First Trust Rising Dividend Achievers ETF during the fourth quarter worth $47,643,000.

First Trust Rising Dividend Achievers ETF Stock Down 0.6%

RDVY opened at $80.00 on Friday. First Trust Rising Dividend Achievers ETF has a 52 week low of $62.02 and a 52 week high of $81.36. The business has a fifty day simple moving average of $77.55 and a 200-day simple moving average of $73.74. The firm has a market cap of $24.33 billion, a P/E ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.1474 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.59 annualized dividend and a yield of 0.7%.

First Trust Rising Dividend Achievers ETF Company 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.