First Trust Rising Dividend Achievers ETF $RDVY is Tidemark LLC’s 3rd Largest Position

Posted by Mitch Edgeman on Jun 3rd, 2026

Tidemark LLC lifted its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 1,398.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 250,819 shares of the company’s stock after purchasing an additional 234,082 shares during the quarter. First Trust Rising Dividend Achievers ETF comprises about 5.0% of Tidemark LLC’s investment portfolio, making the stock its 3rd biggest position. Tidemark LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $17,424,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in First Trust Rising Dividend Achievers ETF by 15.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,074,097 shares of the company’s stock valued at $442,526,000 after buying an additional 957,587 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of First Trust Rising Dividend Achievers ETF by 74.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,707,049 shares of the company’s stock valued at $114,816,000 after acquiring an additional 725,742 shares during the last quarter. UBS Group AG boosted its position in shares of First Trust Rising Dividend Achievers ETF by 12.2% during the 3rd quarter. UBS Group AG now owns 5,740,264 shares of the company’s stock valued at $386,090,000 after acquiring an additional 624,936 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of First Trust Rising Dividend Achievers ETF by 13.3% in the third quarter. Envestnet Asset Management Inc. now owns 4,906,017 shares of the company’s stock valued at $329,979,000 after purchasing an additional 577,318 shares in the last quarter. Finally, Prudential PLC purchased a new position in shares of First Trust Rising Dividend Achievers ETF in the third quarter valued at $32,762,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY opened at $75.38 on Wednesday. The stock has a market capitalization of $22.14 billion, a PE ratio of 15.46 and a beta of 1.02. The company’s fifty day moving average is $72.82 and its 200 day moving average is $71.31. First Trust Rising Dividend Achievers ETF has a fifty-two week low of $60.13 and a fifty-two week high of $76.57.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a $0.1813 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 1.0%.

First Trust Rising Dividend Achievers ETF Profile

(Free Report)

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.