D.A. Davidson & CO. Raises Stock Position in First Trust Rising Dividend Achievers ETF $RDVY

D.A. Davidson & CO. raised its position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 8.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 952,581 shares of the company’s stock after acquiring an additional 71,573 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Rising Dividend Achievers ETF were worth $65,042,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in RDVY. RFG Bristol Wealth Advisors LLC lifted its holdings in First Trust Rising Dividend Achievers ETF by 40.8% in the first quarter. RFG Bristol Wealth Advisors LLC now owns 78,991 shares of the company’s stock valued at $5,394,000 after acquiring an additional 22,870 shares during the last quarter. Gentry Private Wealth LLC increased its stake in First Trust Rising Dividend Achievers ETF by 4.2% during the first quarter. Gentry Private Wealth LLC now owns 8,722 shares of the company’s stock worth $596,000 after acquiring an additional 352 shares during the last quarter. NFSG Corp increased its stake in First Trust Rising Dividend Achievers ETF by 65.3% during the first quarter. NFSG Corp now owns 2,291 shares of the company’s stock worth $156,000 after acquiring an additional 905 shares during the last quarter. Sanctuary Advisors LLC raised its position in First Trust Rising Dividend Achievers ETF by 1.8% in the first quarter. Sanctuary Advisors LLC now owns 325,077 shares of the company’s stock valued at $22,196,000 after purchasing an additional 5,606 shares during the period. Finally, Sigma Planning Corp raised its position in First Trust Rising Dividend Achievers ETF by 3.2% in the first quarter. Sigma Planning Corp now owns 259,052 shares of the company’s stock valued at $17,688,000 after purchasing an additional 7,974 shares during the period.

First Trust Rising Dividend Achievers ETF Stock Down 0.0%

Shares of First Trust Rising Dividend Achievers ETF stock opened at $80.15 on Thursday. The firm has a market cap of $24.35 billion, a PE ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a 52 week low of $61.84 and a 52 week high of $81.36. The business’s fifty day simple moving average is $77.32 and its 200-day simple moving average is $73.62.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.1474 dividend. This represents a $0.59 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, June 25th.

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.