Sigma Planning Corp Has $20.49 Million Stock Holdings in First Trust Rising Dividend Achievers ETF $RDVY

Sigma Planning Corp trimmed its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 2.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 252,822 shares of the company’s stock after selling 6,230 shares during the quarter. Sigma Planning Corp owned about 0.08% of First Trust Rising Dividend Achievers ETF worth $20,494,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in RDVY. Huntington National Bank increased its position 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 valued at $26,000 after acquiring an additional 370 shares in the last quarter. Bessemer Group Inc. bought a new position in shares of First Trust Rising Dividend Achievers ETF in the first quarter worth about $29,000. Anchor Investment Management LLC acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the first quarter worth approximately $34,000. Lloyd Advisory Services LLC. acquired a new position in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth approximately $36,000. Finally, University of Texas Texas AM Investment Management Co. bought a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter valued at approximately $37,000.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of First Trust Rising Dividend Achievers ETF stock opened at $82.06 on Monday. The firm has a market cap of $25.17 billion, a P/E ratio of 15.46 and a beta of 1.00. The firm has a 50 day simple moving average of $81.15 and a 200 day simple moving average of $75.87. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $64.75 and a fifty-two week high of $84.02.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.1474 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, June 25th.

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.