Chris Bulman Inc Raises Stock Position in First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY)

Chris Bulman Inc boosted its holdings in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) by 66.6% in the first quarter, HoldingsChannel reports. The firm owned 41,203 shares of the company’s stock after buying an additional 16,472 shares during the period. First Trust Rising Dividend Achievers ETF accounts for about 1.5% of Chris Bulman Inc’s holdings, making the stock its 17th biggest holding. Chris Bulman Inc’s holdings in First Trust Rising Dividend Achievers ETF were worth $2,412,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Pacific Sun Financial Corp raised its stake in shares of First Trust Rising Dividend Achievers ETF by 2.9% during the 4th quarter. Pacific Sun Financial Corp now owns 6,090 shares of the company’s stock valued at $360,000 after buying an additional 170 shares during the last quarter. Continuum Advisory LLC boosted its stake in shares of 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 worth $626,000 after buying an additional 173 shares during the last quarter. Bank of Montreal Can grew its holdings in 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 worth $1,245,000 after acquiring an additional 200 shares during the period. Flagstar Advisors Inc. grew its holdings in First Trust Rising Dividend Achievers ETF by 0.3% during the first quarter. Flagstar Advisors Inc. now owns 59,780 shares of the company’s stock worth $3,500,000 after acquiring an additional 202 shares during the period. Finally, Hazlett Burt & Watson Inc. raised 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 in the last quarter.

First Trust Rising Dividend Achievers ETF Trading Up 0.4%

First Trust Rising Dividend Achievers ETF stock opened at $61.61 on Wednesday. First Trust Rising Dividend Achievers ETF has a 12 month low of $50.27 and a 12 month high of $64.63. The stock’s 50 day simple moving average is $57.91 and its two-hundred day simple moving average is $59.89. The firm has a market cap of $14.35 billion, a PE ratio of 15.48 and a beta of 1.15.

First Trust Rising Dividend Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.2544 dividend. This is a positive change from First Trust Rising Dividend Achievers ETF’s previous quarterly dividend of $0.19. This represents a $1.02 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend was Thursday, March 27th.

About First Trust Rising Dividend Achievers ETF

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.