27,356 First Trust Rising Dividend Achievers ETF $RDVY Shares Purchased by MGO One Seven LLC

MGO One Seven LLC raised its holdings in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 21.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 153,608 shares of the company’s stock after purchasing an additional 27,356 shares during the period. MGO One Seven LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $12,026,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Rising Dividend Achievers ETF by 12.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,492,637 shares of the company’s stock valued at $283,113,000 after purchasing an additional 379,961 shares during the last quarter. Royal Bank of Canada lifted its holdings in First Trust Rising Dividend Achievers ETF by 6.5% in the first quarter. Royal Bank of Canada now owns 5,030,578 shares of the company’s stock valued at $343,487,000 after acquiring an additional 307,823 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 8.0% during the 1st quarter. Cetera Investment Advisers now owns 4,044,145 shares of the company’s stock worth $276,134,000 after purchasing an additional 299,620 shares during the period. Independent Financial Group LLC acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the first quarter valued at about $18,560,000. Finally, Sentinel Advisory Group LLC acquired a new position in First Trust Rising Dividend Achievers ETF during the first quarter worth $18,176,000.

First Trust Rising Dividend Achievers ETF Price Performance

NASDAQ RDVY opened at $79.17 on Friday. First Trust Rising Dividend Achievers ETF has a 1-year low of $64.99 and a 1-year high of $84.02. The stock has a 50-day moving average of $80.00 and a two-hundred day moving average of $76.40. The company has a market cap of $25.37 billion, a P/E ratio of 15.46 and a beta of 1.00.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.1521 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.61 dividend on an annualized basis and a yield of 0.8%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.1474.

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.