First Trust Rising Dividend Achievers ETF $RDVY Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC raised its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,017,083 shares of the company’s stock after acquiring an additional 55,086 shares during the period. First Trust Rising Dividend Achievers ETF comprises approximately 0.8% of Kestra Private Wealth Services LLC’s investment portfolio, making the stock its 16th largest holding. Kestra Private Wealth Services LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $79,627,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Basepoint Wealth LLC grew its stake in shares of First Trust Rising Dividend Achievers ETF by 4.5% in the 1st quarter. Basepoint Wealth LLC now owns 3,187 shares of the company’s stock worth $218,000 after acquiring an additional 136 shares in the last quarter. Retirement Planning Group LLC raised its holdings 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 purchasing an additional 138 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of First Trust Rising Dividend Achievers ETF by 3.1% in the third quarter. Quadrant Capital Group LLC now owns 4,691 shares of the company’s stock valued at $373,000 after purchasing an additional 141 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of First Trust Rising Dividend Achievers ETF by 1.0% during the third quarter. B. Riley Wealth Advisors Inc. now owns 17,408 shares of the company’s stock valued at $1,363,000 after purchasing an additional 177 shares in the last quarter. Finally, Castleview Partners LLC lifted its position in shares of 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 valued at $471,000 after purchasing an additional 189 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

RDVY opened at $81.09 on Thursday. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $64.99 and a fifty-two week high of $84.02. The firm has a market capitalization of $26.08 billion, a P/E ratio of 15.46 and a beta of 1.01. The company’s 50-day moving average is $79.87 and its 200 day moving average is $76.52.

First Trust Rising Dividend Achievers ETF Increases Dividend

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

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.