Retireful LLC Makes New Investment in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Retireful LLC purchased a new stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 22,853 shares of the company’s stock, valued at approximately $1,326,000. First Trust Rising Dividend Achievers ETF accounts for about 1.3% of Retireful LLC’s holdings, making the stock its 20th largest position.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Pacific Sun Financial Corp lifted its holdings in First Trust Rising Dividend Achievers ETF by 2.9% during the fourth quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock worth $360,000 after buying an additional 170 shares during the period. Continuum Advisory LLC grew its stake in First Trust Rising Dividend Achievers ETF by 1.7% in the fourth quarter. Continuum Advisory LLC now owns 10,589 shares of the company’s stock valued at $626,000 after purchasing an additional 173 shares during the last quarter. Bank of Montreal Can lifted its position in shares of First Trust Rising Dividend Achievers ETF by 1.0% during the fourth quarter. Bank of Montreal Can now owns 21,053 shares of the company’s stock valued at $1,245,000 after buying an additional 200 shares during the last quarter. Flagstar Advisors Inc. grew its position in shares of First Trust Rising Dividend Achievers ETF by 0.3% in the 1st quarter. Flagstar Advisors Inc. now owns 59,780 shares of the company’s stock worth $3,500,000 after buying an additional 202 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in First Trust Rising Dividend Achievers ETF by 27.2% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 949 shares of the company’s stock valued at $57,000 after acquiring an additional 203 shares during the last quarter.

First Trust Rising Dividend Achievers ETF Price Performance

Shares of RDVY stock opened at $60.73 on Thursday. First Trust Rising Dividend Achievers ETF has a 1-year low of $50.27 and a 1-year high of $64.63. The company has a market cap of $14.15 billion, a price-to-earnings ratio of 15.48 and a beta of 1.15. The stock’s fifty day moving average price is $57.65 and its 200 day moving average price is $59.95.

First Trust Rising Dividend Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.2544 per share. This represents a $1.02 annualized dividend and a yield of 1.68%. The ex-dividend date was Thursday, March 27th. This is an increase from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.19.

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.