Retireful LLC Purchases New Position in First Trust Rising Dividend Achievers ETF $RDVY

Retireful LLC acquired a new position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,277 shares of the company’s stock, valued at approximately $1,229,000.

Several other institutional investors also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new stake in shares of First Trust Rising Dividend Achievers ETF in the 1st quarter worth approximately $26,000. Farmers & Merchants Investments Inc. bought a new position in shares of First Trust Rising Dividend Achievers ETF during the 2nd quarter worth approximately $26,000. Rise Advisors LLC purchased a new stake in First Trust Rising Dividend Achievers ETF during the first quarter valued at approximately $31,000. Private Wealth Asset Management LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 201.1% in the second quarter. Private Wealth Asset Management LLC now owns 527 shares of the company’s stock valued at $33,000 after acquiring an additional 352 shares in the last quarter. Finally, Quaker Wealth Management LLC boosted its stake in First Trust Rising Dividend Achievers ETF by 200.2% in the second quarter. Quaker Wealth Management LLC now owns 568 shares of the company’s stock valued at $36,000 after acquiring an additional 1,135 shares in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Down 0.0%

Shares of RDVY stock opened at $70.71 on Monday. The business’s fifty day simple moving average is $68.23 and its 200-day simple moving average is $65.89. The company has a market cap of $18.48 billion, a PE ratio of 15.46 and a beta of 1.10. First Trust Rising Dividend Achievers ETF has a 12-month low of $50.27 and a 12-month high of $70.88.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a dividend of $0.1996 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.80 annualized dividend and a yield of 1.1%. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.15.

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.