First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by Crumly & Associates Inc.

Crumly & Associates Inc. boosted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 322,777 shares of the company’s stock after purchasing an additional 16,867 shares during the period. First Trust Rising Dividend Achievers ETF accounts for approximately 5.0% of Crumly & Associates Inc.’s portfolio, making the stock its 2nd biggest position. Crumly & Associates Inc.’s holdings in First Trust Rising Dividend Achievers ETF were worth $26,164,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its holdings in shares of First Trust Rising Dividend Achievers ETF by 10.5% in the 4th quarter. LPL Financial LLC now owns 30,504,116 shares of the company’s stock valued at $2,119,121,000 after acquiring an additional 2,907,770 shares during the last quarter. Morgan Stanley raised its holdings in shares of 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 during the last quarter. Raymond James Financial Inc. raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 2.2% during the fourth quarter. Raymond James Financial Inc. now owns 11,285,710 shares of the company’s stock worth $784,018,000 after purchasing an additional 243,585 shares during the last quarter. Wells Fargo & Company MN lifted its position in First Trust Rising Dividend Achievers ETF by 10.6% during 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. Finally, Bank of America Corp DE lifted its position in First Trust Rising Dividend Achievers ETF by 3.0% during the first quarter. Bank of America Corp DE now owns 7,444,315 shares of the company’s stock valued at $508,298,000 after purchasing an additional 219,060 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Performance

NASDAQ:RDVY opened at $83.32 on Friday. First Trust Rising Dividend Achievers ETF has a one year low of $63.58 and a one year high of $83.99. The firm has a market cap of $25.55 billion, a price-to-earnings ratio of 15.46 and a beta of 1.00. The firm’s fifty day moving average is $79.51 and its two-hundred day moving average is $74.76.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.1474 dividend. This represents a $0.59 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, June 25th.

About First Trust Rising Dividend Achievers ETF

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.