7,783 First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by RFG Bristol Wealth Advisors LLC

RFG Bristol Wealth Advisors LLC grew its stake in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 9.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,171 shares of the company’s stock after purchasing an additional 7,783 shares during the period. First Trust Rising Dividend Achievers ETF comprises about 1.7% of RFG Bristol Wealth Advisors LLC’s investment portfolio, making the stock its 16th biggest position. RFG Bristol Wealth Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $6,981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Basepoint Wealth LLC raised its position in shares of First Trust Rising Dividend Achievers ETF by 4.5% during the first quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock valued at $218,000 after buying an additional 136 shares during the last quarter. Retirement Planning Group LLC lifted its stake in shares of First Trust Rising Dividend Achievers ETF by 1.8% in the first quarter. Retirement Planning Group LLC now owns 8,013 shares of the company’s stock valued at $547,000 after buying an additional 138 shares during the period. MBE Wealth Management LLC grew its position in First Trust Rising Dividend Achievers ETF by 2.7% during the first quarter. MBE Wealth Management LLC now owns 6,798 shares of the company’s stock worth $464,000 after buying an additional 179 shares in the last quarter. Castleview Partners LLC grew its position in First Trust Rising Dividend Achievers ETF by 2.8% during the first quarter. Castleview Partners LLC now owns 6,898 shares of the company’s stock worth $471,000 after buying an additional 189 shares in the last quarter. Finally, Castle Rock Wealth Management LLC increased its stake in First Trust Rising Dividend Achievers ETF by 3.1% during the second quarter. Castle Rock Wealth Management LLC now owns 6,917 shares of the company’s stock valued at $557,000 after acquiring an additional 205 shares during the period.

First Trust Rising Dividend Achievers ETF Trading Up 0.2%

RDVY traded up $0.15 on Friday, hitting $79.58. 1,006,881 shares of the stock traded hands, compared to its average volume of 1,288,120. The business has a fifty day moving average price of $81.09 and a two-hundred day moving average price of $77.69. The firm has a market capitalization of $25.41 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 52 week low of $64.97 and a 52 week high of $84.02.

First Trust Rising Dividend Achievers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.1521 per share. This represents a $0.61 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, September 24th. This is a boost from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

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.