10,102 Shares in First Trust Rising Dividend Achievers ETF $RDVY Acquired by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. purchased a new position in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,102 shares of the company’s stock, valued at approximately $634,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp boosted its position in shares of First Trust Rising Dividend Achievers ETF by 440.8% during the first quarter. Bank of New York Mellon Corp now owns 27,683 shares of the company’s stock worth $1,621,000 after buying an additional 22,564 shares during the period. Assetmark Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 772.8% during the first quarter. Assetmark Inc. now owns 64,832 shares of the company’s stock worth $3,795,000 after buying an additional 57,404 shares during the period. Total Clarity Wealth Management Inc. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 6.0% during the second quarter. Total Clarity Wealth Management Inc. now owns 102,900 shares of the company’s stock worth $6,456,000 after buying an additional 5,787 shares during the period. Arkadios Wealth Advisors boosted its position in shares of First Trust Rising Dividend Achievers ETF by 69.9% during the first quarter. Arkadios Wealth Advisors now owns 207,911 shares of the company’s stock worth $12,171,000 after buying an additional 85,516 shares during the period. Finally, US Bancorp DE boosted its position in shares of First Trust Rising Dividend Achievers ETF by 0.7% during the first quarter. US Bancorp DE now owns 330,792 shares of the company’s stock worth $19,368,000 after buying an additional 2,315 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Up 0.4%

RDVY opened at $67.64 on Friday. First Trust Rising Dividend Achievers ETF has a 52 week low of $50.27 and a 52 week high of $68.11. The business has a fifty day simple moving average of $66.38 and a 200-day simple moving average of $62.70. The firm has a market cap of $17.57 billion, a P/E ratio of 15.46 and a beta of 1.15.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.1487 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.9%.

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.